Brian Lieser - Feb 26, 2025 Form 4 Insider Report for BELDEN INC. (BDC)

Role
EVP, Indust. Automation Solut.
Signature
/s/ Brian E. Anderson, attorney-in-fact for Brian Lieser
Stock symbol
BDC
Transactions as of
Feb 26, 2025
Transactions value $
-$58,552
Form type
4
Date filed
2/28/2025, 06:23 PM
Previous filing
Feb 25, 2025
Next filing
Mar 5, 2025
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 -$58.6K -532 -1.51% $110.06 34.6K Feb 26, 2025 Direct F1
transaction BDC Common Stock Award $0 +5.38K +15.55% $0.00 40K Feb 26, 2025 Direct F3
transaction BDC Common Stock Award $0 +3.58K +8.95% $0.00 43.6K Feb 26, 2025 Direct F4
holding BDC Common Stock 372 Feb 26, 2025 By 401(k) Plan F2
* 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. Lieser on November 7, 2024.
F2 Represents the balance of shares of Belden Inc. common stock held in the Belden Retirement Savings Plan as of the date of this filing.
F3 On February 22, 2022, the Reporting Person received a grant of 5,475 performance stock units ("PSUs"). Following the three-year performance period, a conversion factor of 1.935 was approved by the Company's Compensation Committee on February 26, 2025 and applied to the PSUs, resulting in an award of 10,594 shares, subject to tax withholding. The number in this cell reflects the after-tax number of shares delivered to the Reporting Person.
F4 Represents a grant of RSUs granted by the Company's Compensation Committee on February 26, 2025. 25% of the RSUs will vest on February 26, 2026, 25% of the RSUs will vest on February 26, 2027 and 50% of the RSUs will vest on February 26, 2028. Additional terms apply in the event of the holder's termination, death, disability or retirement.