BELDEN INC. — Director's Dealing 2024

Aug 20, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BELDEN INC. (BDC)
CIK: 0000913142
Period of Report: 2024-08-16

Reporting Person: Anderson Brian Edward (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-08-16	Common Stock	M	5535	$89.23	Acquired	38364	Direct
2024-08-16	Common Stock	D	5176	$101.24	Disposed	33188	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-08-16	Stock Appreciation Rights	$89.23	M	5535	Disposed	2025-02-25	Common Stock (5535)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	897.9008	Indirect

Footnotes

F1: The exercise reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Anderson on May 9, 2024. No sale of the resulting shares is contemplated by the trading plan.

F2: This represents the difference between the number of SARs exercised (5,535) and the number of shares issued as a result of the exercise (359). 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 ($101.24) and the exercise price ($89.23). Additional shares are then withheld to satisfy the Company's tax withholding obligations.

F3: 1,845 SARs became exercisable on February 25, 2016, 1,845 SARs became exercisable on February 25, 2017 and 1,845 SARs became exercisable on February 25, 2018.