SEC Form 4 · accession 0001209191-16-139166

BELDEN INC. · BDC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Henk Derksen

Officer — SVP, Finance, & CFO

Period of report

Aug 29, 2016

Accepted (ET)

Aug 30, 2016 · 5:19 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
Common Stock	Aug 29, 2016	M	1,800	$47.705	A	20,137	D
Common Stock^F1	Aug 29, 2016	D	1,371	$74.31	D	18,766	D
Common Stock	Aug 29, 2016	M	8,400	$40.96	A	27,166	D
Common Stock^F2	Aug 29, 2016	D	5,888	$74.31	D	21,278	D
Common Stock	Aug 29, 2016	M	1,868	$11.92	A	23,146	D
Common Stock^F3	Aug 29, 2016	D	929	$74.31	D	22,217	D
Common Stock	Aug 29, 2016	M	13,768	$21.70	A	35,985	D
Common Stock^F4	Aug 29, 2016	D	8,695	$74.31	D	27,290	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Stock Appreciation Rights^F5	$47.705	Aug 29, 2016	M	1,800	D	—	Feb 21, 2017	Common Stock	1,800	D
Stock Appreciation Rights^F6	$40.96	Aug 29, 2016	M	8,400	D	—	Feb 20, 2018	Common Stock	8,400	D
Stock Appreciation Rights	$11.92	Aug 29, 2016	M	1,868	D	Feb 24, 2012	Feb 24, 2019	Common Stock	1,868	D
Stock Appreciation Rights^F7	$21.70	Aug 29, 2016	M	13,768	D	—	Feb 22, 2020	Common Stock	13,768	D

Explanation of responses

F1This represents the difference between the number of SARs exercised (1,800) and the number of shares issued as a result of the exercise (429). 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 ($74.31) and the exercise price ($47.705). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
F2This represents the difference between the number of SARs exercised (8,400) and the number of shares issued as a result of the exercise (2,512). 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 ($74.31) and the exercise price ($40.96). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
F3This represents the difference between the number of SARs exercised (1,868) and the number of shares issued as a result of the exercise (939). 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 ($74.31) and the exercise price ($11.92). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
F4This represents the difference between the number of SARs exercised (13,768) and the number of shares issued as a result of the exercise (5,073). 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 ($74.31) and the exercise price ($21.70). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
F5600 SARs became exercisable on February 21, 2008, 600 SARs became exercisable on February 21, 2009 and 600 SARs became exercisable on February 21, 2010.
F62,800 SARs became exercisable on February 20, 2009, 2,800 SARs became exercisable on February 20, 2010 and 2,800 SARs became exercisable on February 20, 2011.
F76,884 SARs became exercisable on February 22, 2012 and 6,884 SARs became exercisable on February 22, 2013.