Pennycook Glenn 4
4 · BELDEN INC. · Filed Mar 2, 2018
Insider Transaction Report
Form 4
BELDEN INC.BDC
Pennycook Glenn
EVP, Enterprise Connectivity
Transactions
- Award
Stock Appreciation Rights
2018-02-28+13,606→ 13,606 totalExercise: $72.73From: 2019-02-28Exp: 2028-02-28→ Common Stock (13,606 underlying)
Footnotes (1)
- [F1]The Stock Appreciation Rights (SARs) were issued at the closing price of the Company's stock on February 28, 2018 ($72.73). 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.