SEC Form 4 · accession 0001209191-15-019773
BELDEN INC. · BDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glenn Pennycook
Officer — EVP, Enterprise Connectivity
Period of report
Feb 25, 2015
Accepted (ET)
Feb 27, 2015 · 5:42 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 | 2,764 | $0.00 | A | 7,242 | 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 RightsF2 | $89.23 | Feb 25, 2015 | A | 6,351 | A | Feb 25, 2016 | Feb 25, 2025 | Common Stock | 6,351 | 6,351 | 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.
- F2The 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.