SEC Form 4 · accession 0001209191-15-023371
BELDEN INC. · BDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ross Rosenberg
Officer — SVP, Bus. Dev. & Strategy
Period of report
Mar 4, 2015
Accepted (ET)
Mar 6, 2015 · 1:41 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 | Mar 4, 2015 | F | 618 | $0.00 | D | 13,925 | D | |
| Common Stock | Mar 4, 2015 | M | 2,477 | $50.01 | A | 16,402 | D | |
| Common StockF2 | Mar 4, 2015 | D | 1,757 | $88.71 | D | 14,645 | D | |
| Common Stock | Mar 4, 2015 | M | 1,535 | $72.57 | A | 16,180 | D | |
| Common StockF3 | Mar 4, 2015 | D | 1,349 | $88.71 | D | 14,831 | 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 Rights | $50.01 | Mar 4, 2015 | M | 2,477 | D | Mar 4, 2014 | Mar 4, 2023 | Common Stock | 2,477 | 2,477 | D |
| Stock Appreciation Rights | $72.57 | Mar 4, 2015 | M | 1,535 | D | Mar 4, 2015 | Mar 4, 2024 | Common Stock | 1,535 | 3,069 | D |
Explanation of responses
- F1Shares withheld for tax purposes related to portion of March 4, 2013 performance-based restricted stock unit grant that vested on March 4, 2015.
- F2This represents the difference between the number of SARs exercised (2,477) and the number of shares issued as a result of the exercise (720). 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 ($88.71) and the exercise price ($50.01). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
- F3This represents the difference between the number of SARs exercised (1,535) and the number of shares issued as a result of the exercise (186). 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 ($88.71) and the exercise price ($72.57). Additional shares are then withheld to satisfy the Company's tax withholding obligations.