11/05/2024 | Press release | Distributed by Public on 11/05/2024 12:51
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Appreciation Rights | $89.23 | 11/01/2024 | M | 944 | 02/25/2016(6) | 02/25/2025 | Common Stock | 944 | $ 0 | 0 | D | ||||
Stock Appreciation Rights | $52.89 | 11/01/2024 | M | 1,450 | 02/24/2017(6) | 02/24/2026 | Common Stock | 1,450 | $ 0 | 0 | D | ||||
Stock Appreciation Rights | $51.14 | 11/01/2024 | M | 1,788 | 02/11/2021(6) | 02/11/2030 | Common Stock | 1,788 | $ 0 | 0 | D | ||||
Stock Appreciation Rights | $45.11 | 11/01/2024 | M | 2,245 | 02/16/2022(6) | 02/16/2031 | Common Stock | 2,245 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Lieser Brian C/O BELDEN INC. 1 N. BRENTWOOD BLVD., 15TH FLOOR ST. LOUIS, MO 63105 |
EVP, Indust. Automation Solut. |
/s/ Brian E. Anderson, attorney-in-fact for Brian Lieser | 11/05/2024 |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Represents the balance of shares of Belden Inc. common stock held in the Belden Retirement Savings Plan as of the date of this filing. |
(2) | This represents the difference between the number of SARs exercised (944) and the number of shares issued as a result of the exercise (110). 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 ($115.887) and the exercise price ($89.23). Additional shares were then withheld to satisfy the Company's tax withholding obligations. |
(3) | This represents the difference between the number of SARs exercised (1,450) and the number of shares issued as a result of the exercise (400). 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 ($115.887) and the exercise price ($52.89). Additional shares were then withheld to satisfy the Company's tax withholding obligations. |
(4) | This represents the difference between the number of SARs exercised (1,788) and the number of shares issued as a result of the exercise (507). 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 ($115.887) and the exercise price ($51.14). Additional shares were then withheld to satisfy the Company's tax withholding obligations. |
(5) | This represents the difference between the number of SARs exercised (2,245) and the number of shares issued as a result of the exercise (696). 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 ($115.887) and the exercise price ($45.11). Additional shares were then withheld to satisfy the Company's tax withholding obligations. |
(6) | The original grant of stock appreciation rights became exercisable in equal portions on the first three anniversaries of the grant date. |