BELDEN INC. — Director's Dealing 2014

Jul 1, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BELDEN INC. (BDC)
CIK: 0000913142
Period of Report: 2014-06-30

Reporting Person: Zink Doug (VP and CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-30	Common Stock	M	1787	$21.70	Acquired	4008	Direct
2014-06-30	Common Stock	D	926	$78.50	Disposed	3082	Direct
2014-07-01	Common Stock	S	861	$78.7901	Disposed	2221	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-06-30	Stock Appreciation Rights	$21.70	M	1787	Disposed	2020-02-22	Common Stock (1787)	Direct

Footnotes

F1: The exercise reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Zink on September 27, 2013.

F2: This represents the difference between the number of SARs exercised (1,787) and the number of shares issued as a result of the exercise (861). The number of shares to be issued under a SAR exercise is determined by multiplying the number of SARs being exercised by the difference between the FMV on the date of exercise ($78.50) and the exercise price ($21.70). Additional shares are then withheld to satisfy the Company's tax withholding obligations.

F3: The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Zink on September 27, 2013.