BELDEN INC. — Director's Dealing 2020

Jul 7, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BELDEN INC. (BDC)
CIK: 0000913142
Period of Report: 2020-07-01

Reporting Person: Derksen Henk (SVP, Finance, & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-01	Common Stock	A	3520	$0.00	Acquired	48202	Direct
2020-07-02	Common Stock	A	3011	$0.00	Acquired	51213	Direct

Footnotes

F1: Represents a grant of RSUs approved by the Belden Board of Directors equal to the amount of cash compensation foregone by the officer from May to December 2020, divided by the average price of Belden stock for the 90-day period ending on the grant date ($33.2119). The RSUs are scheduled to vest equally over the first three anniversaries of the grant date, but may vest earlier in the cases of retirement, death, disability or upon a qualifying termination following a change in control.

F2: Represents a $100,000 grant of RSUs by the Belden Compensation Committee that was contingent on the successful closure of the divestiture of the Grass Valley live media business, which occurred on July 2, 2020. The number of RSUs was determined by dividing $100,000 by the average price of Belden stock for the 90-day period ending on the grant date. The RSUs are scheduled to vest on July 2, 2023, but may vest earlier in the case of retirement, death, disability or a qualifying termination following a change in control.