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BELDEN INC. — Director's Dealing 2016
Nov 22, 2016
31053_dirs_2016-11-22_c004a9e5-8d68-4ea0-8dde-8bae9b4d17c3.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: 2016-11-18
Reporting Person: Stroup John S (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-09-16 | Common Stock | G | 3925 | $0.00 | Disposed | 69969 | Direct |
| 2016-11-18 | Common Stock | S | 10000 | $72.17 | Disposed | 59969 | Direct |
| 2016-11-18 | Common Stock | M | 42500 | $35.79 | Acquired | 42500 | Indirect |
| 2016-11-18 | Common Stock | D | 31290 | $72.56 | Disposed | 11210 | Indirect |
| 2016-11-21 | Common Stock | S | 11210 | $71.9864 | Disposed | 0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-11-18 | Stock Appreciation Rights | $35.79 | M | 42500 | Disposed | 2021-03-02 | Common Stock (42500) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4063 | Indirect |
| Common Stock | 86555 | Indirect |
Footnotes
F1: On September 16, 2016, Mr. Stroup gifted 3,925 shares to a charitable organization.
F2: The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Stroup on August 18, 2016.
F3: The exercise reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Stroup on August 18, 2016.
F4: This represents the difference between the number of SARs exercised (42,500) and the number of shares issued as a result of the exercise (11,210). 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 ($72.56) and the exercise price ($35.79). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
F5: This price represents the average sale price for multiple transactions on this line. The prices of the transactions reported on this line ranged from $71.335 to $73.21. 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.