SEC Form 4 · accession 0001209191-15-019713
BELDEN INC. · BDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christoph Gusenleitner
Officer — EVP, Industrial Connectivity
Period of report
Feb 25, 2015
Accepted (ET)
Feb 27, 2015 · 5:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000913142
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 25, 2015 | A | 3,403 | $0.00 | A | 13,907 | D | |
| Common StockF2 | Feb 27, 2015 | S | 1,425 | $90.1146 | D | 12,482 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF3 | $89.23 | Feb 25, 2015 | A | 7,521 | A | Feb 25, 2016 | Feb 25, 2025 | Common Stock | 7,521 | 7,521 | D |
Explanation of responses
- F1RSUs 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.
- F2This price represents the average sale price for multiple transactions on this line. The prices of the transactions reported on this line ranged from $90.0401 to $90.13. 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.
- F3The 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.