SEC Form 4 · accession 0001209191-15-021583
BELDEN INC. · BDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John S Stroup
Officer — President and CEO · Director
Period of report
Feb 27, 2015
Accepted (ET)
Mar 3, 2015 · 5:43 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 Stock | Feb 27, 2015 | M | 43,533 | $39.83 | A | 140,147 | D | |
| Common StockF2 | Feb 27, 2015 | D | 30,937 | $89.695 | D | 109,210 | D | |
| Common StockF4 | Mar 2, 2015 | S | 12,596 | $88.5985 | D | 96,614 | D | |
| Common Stock | holding | — | — | — | 4,063 | I | By Irrevocable Trust for Children | |
| Common Stock | holding | — | — | — | 86,555 | I | By Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Rights | $39.83 | Feb 27, 2015 | M | 43,533 | D | Feb 27, 2015 | Feb 27, 2022 | Common Stock | 43,533 | 0 | D |
Explanation of responses
- F1The exercise reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Stroup on May 10, 2013.
- F2This represents the difference between the number of SARs exercised (43,533) and the number of shares issued as a result of the exercise (12,596). 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 ($89.695) and the exercise price ($39.83). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
- F3The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Stroup on May 10, 2013.
- F4This price represents the average sale price for multiple transactions on this line. The prices of the transactions reported on this line ranged from $88.03 to $89.05. 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.