BELDEN INC. 4
4 · BELDEN INC. · Filed Feb 22, 2017
Insider Transaction Report
Form 4
BELDEN INC.BDC
Gusenleitner Christoph
EVP EMEA & Glob. Conn. Prods.
Transactions
- Exercise/Conversion
Stock Appreciation Rights
2017-02-17−12,000→ 4,550 totalExercise: $39.83Exp: 2022-02-27→ Common Stock (12,000 underlying) - Exercise/Conversion
Common Stock
2017-02-17$39.83/sh+12,000$477,960→ 21,332 total - Disposition to Issuer
Common Stock
2017-02-17$72.78/sh−9,147$665,764→ 12,185 total
Footnotes (2)
- [F1]This represents the difference between the number of SARs exercised (12,000) and the number of shares issued as a result of the exercise (2,853). 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 ($72.785) and the exercise price ($39.83). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
- [F2]From the original grant of 22,550 SARs, 7,517 became exercisable on February 27, 2013. 7,517 SARs will become exercisable on February 27, 2014 and 7,516 SARs will become exercisable on February 27, 2015.