BELDEN INC. 4
4 · BELDEN INC. · Filed Aug 13, 2013
Insider Transaction Report
Form 4
BELDEN INC.BDC
Norman John S
VP, Controller and CAO
Transactions
- Exercise/Conversion
Common Stock
2013-08-12$21.70/sh+14,366$311,742→ 31,648 total - Disposition to Issuer
Common Stock
2013-08-12$58.60/sh−8,337$488,590→ 23,311 total - Exercise/Conversion
Stock Appreciation Rights
2013-08-12−14,366→ 0 totalExercise: $21.70Exp: 2020-02-22→ Common Stock (14,366 underlying) - Sale
Common Stock
2013-08-13$58.49/sh−6,029$352,661→ 17,282 total
Footnotes (5)
- [F1]The exercise reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Norman on May 3, 2013.
- [F2]This represents the difference between the number of SARs exercised (14,366) and the number of shares issued as a result of the exercise (6,029). 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 ($58.605) and the exercise price ($21.70). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
- [F3]The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Norman on May 3, 2013.
- [F4]This price represents the average sale price for multiple transactions on this line. The prices of the transactions reported on this line ranged from $58.24 to $58.93. Upon request by the SEC staff, the Issuer or a security holder of the Issuer, the Reporting Person will undertake to provide full information regarding the number of shares and prices at which transactions were effected.
- [F5]5,456 SARs, of which 2,000 were previously exercised, became exercisable on February 22, 2011. The remaining 10,910 SARs became exercisable in equal installments on February 22, 2012 and February 22, 2013.