Vestjens Roel 4
4 · BELDEN INC. · Filed Aug 8, 2022
Insider Transaction Report
Form 4
BELDEN INC.BDC
Vestjens Roel
SVP, Broadcast Solutions
Transactions
- Disposition to Issuer
Common Stock
2022-08-04$67.14/sh−4,633$311,083→ 58,183 total - Disposition to Issuer
Common Stock
2022-08-04$67.14/sh−8,329$559,251→ 59,289 total - Exercise/Conversion
Common Stock
2022-08-04$50.01/sh+5,392$269,654→ 62,816 total - Exercise/Conversion
Stock Appreciation Rights
2022-08-04−9,435→ 0 totalExercise: $52.89Exp: 2026-02-24→ Common Stock (9,435 underlying) - Exercise/Conversion
Common Stock
2022-08-04$52.89/sh+9,435$499,017→ 67,618 total - Sale
Common Stock
2022-08-04$66.66/sh−14,424$961,482→ 44,865 total - Exercise/Conversion
Stock Appreciation Rights
2022-08-04−5,392→ 0 totalExercise: $50.01Exp: 2023-03-04→ Common Stock (5,392 underlying)
Holdings
- 534.844(indirect: By 401(k))
Common Stock
Footnotes (6)
- [F1]This represents the difference between the number of SARs exercised (5,392) and the number of shares issued as a result of the exercise (759). 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 ($67.145) and the exercise price ($50.01). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
- [F2]This represents the difference between the number of SARs exercised (9,435) and the number of shares issued as a result of the exercise (1,106). 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 ($67.145) and the exercise price ($52.89). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
- [F3]This price represents the average sale price for multiple transactions on this line. The prices of the transactions reported on this line ranged from $66.435 to $67.38. 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.
- [F4]Represents the balance of shares of Belden Inc. common stock held in the Belden Retirement Savings Plan as of the date of this filing.
- [F5]1,798 SARs became exercisable on March 4, 2014, 1,797 SARs became exercisable on March 4, 2015 and 1,797 SARs became exercisable on March 4, 2016.
- [F6]3,145 SARs became exercisable on February 24, 2017, 3,145 SARs became exercisable on February 24, 2018 and 3,145 SARs became exercisable on February 24, 2019.