Brian E. Anderson - Aug 20, 2024 Form 4 Insider Report for BELDEN INC. (BDC)

Role: SVP, Legal, GC and Corp. Sec.
Signature: /s/ Brian E. Anderson
Stock symbol: BDC
Transactions as of: Aug 20, 2024
Transactions value $: -$329,357
Form type: 4
Date filed: 8/22/2024, 03:41 PM
Previous filing: Aug 19, 2024
Next filing: Sep 25, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BDC	Common Stock	Sale	-$175K	-1.66K	-5.01%	$105.00	31.5K	Aug 20, 2024	Direct	F1
transaction	BDC	Common Stock	Options Exercise	$358K	+6.77K	+21.47%	$52.89	38.3K	Aug 20, 2024	Direct	F2
transaction	BDC	Common Stock	Disposed to Issuer	-$513K	-4.94K	-12.9%	$103.82	33.4K	Aug 20, 2024	Direct	F3
holding	BDC	Common Stock						898	Aug 20, 2024	By 401(k) Plan

Showing 1 to 4 of 4 entries

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BDC	Stock Appreciation Rights	Options Exercise	$0	-6.77K	-100%	$0.00	0	Aug 20, 2024	Common Stock	6.77K	$52.89	Direct	F2, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Anderson on May 9, 2024.
F2	The exercise reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Anderson on May 9, 2024. No sale of the resulting shares is contemplated by the trading plan.
F3	This represents the difference between the number of SARs exercised (6,769) and the number of shares issued as a result of the exercise (1,830). 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 ($103.8175) and the exercise price ($52.89). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
F4	2,257 SARs became exercisable on February 24, 2017, 2,256 SARs became exercisable on February 24, 2018 and 2,256 SARs became exercisable on February 24, 2019.