BELDEN INC. 4
4 · BELDEN INC. · Filed Feb 11, 2014
Insider Transaction Report
Form 4
BELDEN INC.BDC
Norman John S
VP, Controller and CAO
Transactions
- Exercise/Conversion
Common Stock
2014-02-10$47.70/sh+6,400$305,312→ 23,682 total - Exercise/Conversion
Common Stock
2014-02-10$11.92/sh+5,000$59,600→ 23,438 total - Sale
Common Stock
2014-02-11$66.67/sh−3,902$260,146→ 17,282 total - Exercise/Conversion
Stock Appreciation Rights
2014-02-10−5,000→ 10,000 totalExercise: $11.92From: 2010-02-24Exp: 2019-02-24→ Common Stock (5,000 underlying) - Disposition to Issuer
Common Stock
2014-02-10$66.99/sh−5,244$351,296→ 18,438 total - Disposition to Issuer
Common Stock
2014-02-10$66.99/sh−2,254$150,995→ 21,184 total - Exercise/Conversion
Stock Appreciation Rights
2014-02-10−6,400→ 0 totalExercise: $47.70Exp: 2017-02-21→ Common Stock (6,400 underlying)
Footnotes (3)
- [F1]This represents the difference between the number of SARs exercised (6,400) and the number of shares issued as a result of the exercise (1,156). 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 ($66.99) and the exercise price ($47.705). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
- [F2]This represents the difference between the number of SARs exercised (5,000) and the number of shares issued as a result of the exercise (2,746). 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 ($66.99) and the exercise price ($11.92). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
- [F3]2,134 SARs became exercisable on February 21, 2008, 2,134 SARs became exercisable on February 21, 2009 and 2,132 SARs became exercisable on February 21, 2010.