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BELDEN INC. — Director's Dealing 2014
Jan 3, 2014
31053_dirs_2014-01-03_522c0858-d8d4-4f9d-ae57-38cfce0e839d.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: 2014-01-02
Reporting Person: Zink Doug (VP and CAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-01-02 | Common Stock | M | 900 | $40.96 | Acquired | 2080 | Direct |
| 2014-01-02 | Common Stock | D | 673 | $69.67 | Disposed | 1407 | Direct |
| 2014-01-02 | Common Stock | M | 1000 | $11.92 | Acquired | 2407 | Direct |
| 2014-01-02 | Common Stock | D | 492 | $69.67 | Disposed | 1915 | Direct |
| 2014-01-03 | Common Stock | S | 735 | $69.44 | Disposed | 1180 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-01-02 | Stock Appreciation Rights | $40.96 | M | 900 | Disposed | 2018-02-20 | Common Stock (900) | Direct |
| 2014-01-02 | Stock Appreciation Rights | $11.92 | M | 1000 | Disposed | 2019-02-24 | Common Stock (1000) | 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 (900) and the number of shares issued as a result of the exercise (227). 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 ($69.67) and the exercise price ($40.96). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
F3: This represents the difference between the number of SARs exercised (1,000) and the number of shares issued as a result of the exercise (508). 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 ($69.67) and the exercise price ($11.92). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
F4: The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Zink on September 27, 2013.
F5: 300 SARs became exercisable on February 20, 2009, 300 SARs became exercisable on February 20, 2010 and 300 SARs became exercisable on February 20, 2011.