BELDEN INC. 4
4 · BELDEN INC. · Filed Feb 27, 2015
Insider Transaction Report
Form 4
BELDEN INC.BDC
Pennycook Glenn
EVP, Enterprise Connectivity
Transactions
- Award
Common Stock
2015-02-25+2,764→ 7,242 total - Award
Stock Appreciation Rights
2015-02-25+6,351→ 6,351 totalExercise: $89.23From: 2016-02-25Exp: 2025-02-25→ Common Stock (6,351 underlying)
Footnotes (2)
- [F1]RSUs awarded pursuant to the fulfillment of performance share units awarded on March 4, 2014. RSUs will vest on February 25, 2017, 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 or retirement.
- [F2]The Stock Appreciation Rights (SARs) were issued at the closing price of the Company's stock on February 25, 2015 ($89.23). 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 (after tax withholding, if applicable). Additional terms apply in the event of the holder's termination, death, disability or retirement.