SEC Form 4 · accession 0001209191-18-015380
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
Feb 28, 2018
Accepted (ET)
Mar 2, 2018 · 11:19 am 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 28, 2018 | S | 550 | $74.62 | D | 5,329 | 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 | $72.73 | Feb 28, 2018 | A | 8,890 | A | Feb 28, 2019 | Feb 28, 2028 | Common Stock | 8,890 | 8,890 | D |
Explanation of responses
- F1The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Rosenberg on September 15, 2017.
- F2The Stock Appreciation Rights (SARs) were issued at the closing price of the Company's stock on February 28, 2018 ($72.73). 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.