Kumra Naresh 4
4 · BELDEN INC. · Filed Feb 24, 2010
Insider Transaction Report
Form 4
BELDEN INC.BDC
Kumra Naresh
EVP, Asia Pacific Ops.
Transactions
- Award
Common Stock
2010-02-22+12,143→ 33,243 total - Award
Stock Appreciation Rights
2010-02-22$21.70/sh+41,494$900,420→ 160,394 totalExercise: $21.70From: 2011-02-22Exp: 2020-02-22→ Common Stock (41,494 underlying) - Award
Common Stock
2010-02-22+15,000→ 21,100 total
Footnotes (3)
- [F1]RSUs awarded pursuant to the fulfillment of Performance share units awarded on February 24, 2009. RSUs will vest in equal amounts over a two-year period beginning in 2011, and upon vesting, will be payable in Company stock (each RSU representing one share of Company stock). Additional terms apply in the event of the holder's termination, death, disability or retirement.
- [F2]Represents a three-year grant of restricted stock awards (RSUs) granted by the Company's Compensation Committee on February 22, 2010. If the performance criteria of the RSUs are met, 50% of the RSUs will vest on February 22, 2013, 25% of the RSUs will vest on February 22, 2014 and 25% will vest on February 22, 2015. Additional terms apply in the event of the holder's termination, death, disability or retirement.
- [F3]The Stock Appreciation Rights (SARs) were issued at the closing price of the Company's stock on February 22, 2010 ($21.70). 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, disability or retirement.