SEC Form 4 · accession 0001209191-17-014428
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 22, 2017
Accepted (ET)
Feb 24, 2017 · 5:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000913142
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF1 | $74.91 | Feb 22, 2017 | A | 12,337 | A | Feb 22, 2018 | Feb 22, 2027 | Common Stock | 12,337 | 12,337 | D |
Explanation of responses
- F1The Stock Appreciation Rights (SARs) were issued at the closing price of the Company's stock on February 22, 2017 ($74.91). 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.