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BELDEN INC. Director's Dealing 2024

Nov 5, 2024

31053_dirs_2024-11-05_822c8498-a0a6-4d86-8b2e-1c5aa82272d9.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: 2024-11-01

Reporting Person: Lieser Brian (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-11-01 Common Stock M 944 $89.23 Acquired 35947 Direct
2024-11-01 Common Stock D 834 $115.887 Disposed 35113 Direct
2024-11-01 Common Stock M 1450 $52.89 Acquired 36563 Direct
2024-11-01 Common Stock D 1050 $115.887 Disposed 35513 Direct
2024-11-01 Common Stock M 1788 $51.14 Acquired 37301 Direct
2024-11-01 Common Stock D 1281 $115.887 Disposed 36020 Direct
2024-11-01 Common Stock M 2245 $45.11 Acquired 38265 Direct
2024-11-01 Common Stock D 1549 $115.887 Disposed 36716 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-11-01 Stock Appreciation Rights $89.23 M 944 Disposed 2025-02-25 Common Stock (944) Direct
2024-11-01 Stock Appreciation Rights $52.89 M 1450 Disposed 2026-02-24 Common Stock (1450) Direct
2024-11-01 Stock Appreciation Rights $51.14 M 1788 Disposed 2030-02-11 Common Stock (1788) Direct
2024-11-01 Stock Appreciation Rights $45.11 M 2245 Disposed 2031-02-16 Common Stock (2245) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 356.5989 Indirect

Footnotes

F1: Represents the balance of shares of Belden Inc. common stock held in the Belden Retirement Savings Plan as of the date of this filing.

F2: This represents the difference between the number of SARs exercised (944) and the number of shares issued as a result of the exercise (110). 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 ($115.887) and the exercise price ($89.23). Additional shares were then withheld to satisfy the Company's tax withholding obligations.

F3: This represents the difference between the number of SARs exercised (1,450) and the number of shares issued as a result of the exercise (400). 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 ($115.887) and the exercise price ($52.89). Additional shares were then withheld to satisfy the Company's tax withholding obligations.

F4: This represents the difference between the number of SARs exercised (1,788) and the number of shares issued as a result of the exercise (507). 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 ($115.887) and the exercise price ($51.14). Additional shares were then withheld to satisfy the Company's tax withholding obligations.

F5: This represents the difference between the number of SARs exercised (2,245) and the number of shares issued as a result of the exercise (696). 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 ($115.887) and the exercise price ($45.11). Additional shares were then withheld to satisfy the Company's tax withholding obligations.

F6: The original grant of stock appreciation rights became exercisable in equal portions on the first three anniversaries of the grant date.