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BELDEN INC. — Director's Dealing 2014
Mar 4, 2014
31053_dirs_2014-03-04_f2e1b745-69e6-408c-a590-29c64924dfb2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BELDEN INC. (BDC)
CIK: 0000913142
Period of Report: 2014-02-28
Reporting Person: Stroup John S (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-02-28 | Common Stock | M | 75000 | $21.70 | Acquired | 117500 | Direct |
| 2014-02-28 | Common Stock | D | 47692 | $72.225 | Disposed | 69808 | Direct |
| 2014-03-03 | Common Stock | S | 27308 | $69.9752 | Disposed | 42500 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-02-28 | Stock Appreciation Rights | $21.70 | M | 75000 | Disposed | 2020-02-22 | Common Stock (75000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4063 | Indirect |
| Common Stock | 86555 | Indirect |
Footnotes
F1: The exercise reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Stroup on May 10, 2013.
F2: This represents the difference between the number of SARs exercised (75,000) and the number of shares issued as a result of the exercise (27,308). 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 ($72.225) 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. Stroup on May 10, 2013.
F4: This price represents the average sale price for multiple transactions on this line. The prices of the transactions reported on this line ranged from $69.47 to $71.01. Upon request by the SEC staff, the Issuer or a security holder of the Issuer, the Reporting Person will undertake to provide full information regarding the number of shares and prices at which transactions were effected.
F5: From the original grant of 157,653 SARs, 52,551 became exercisable on February 22, 2011, 52,551 became exercisable on February 22, 2012 and 52,551 became exercisable on February 22, 2013.