SEC Form 4 · accession 0001209191-15-041741
BELDEN INC. · BDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dean McKenna
Officer — SVP, Human Resources
Period of report
May 11, 2015
Accepted (ET)
May 12, 2015 · 4:46 pm EDT
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 | May 11, 2015 | A | 1,935 | $0.00 | A | 1,935 | 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 | $84.64 | May 11, 2015 | A | 4,725 | A | May 11, 2018 | May 11, 2025 | Common Stock | 4,725 | 4,725 | D |
Explanation of responses
- F1Represents a grant of RSUs granted by the Company's Compensation Committee on May 11, 2015. The RSUs will vest on May 11, 2018. Additional terms apply in the event of the holder's termination, death, disability or retirement.
- F2The Stock Appreciation Rights (SARs) were issued at the closing price of the Company's stock on May 11, 2015 ($84.64). They will cliff vest on May 11, 2018 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.