JOHNSON STEPHEN H 4
4 · BELDEN INC. · Filed Feb 26, 2009
Insider Transaction Report
Form 4
BELDEN INC.BDC
JOHNSON STEPHEN H
VP & Treasurer
Transactions
- Award
Stock Appreciation Rights
2009-02-24+10,000→ 53,800 totalExercise: $11.92From: 2010-02-24Exp: 2019-02-24→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]The Stock Appreciation Rights (SARs) were issued at the closing price of the Company's stock on February 24, 2009 ($11.92). They will vest in equal amounts over three years and will expire ten years after the grant date. Upon exercise, the holder will receive in Belden stock the excess of fair market value per share at the time of exercise over the exercise price, times the number of SARs being exercised. Additional terms apply in the event of the holder's termination, death or retirement.
- [F2]The SARs were approved by the Compensation Committee of the Company's Board of Directors on February 24, 2009, subject to stockholder approval of a share reserve increase for the Company's 2001 Long-Term Incentive Plan at the 2009 Annual Stockholders' Meeting.