FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
CABLE DESIGN TECHNOLOGIES CORP [ BDC ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 07/15/2004 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 07/15/2004 | A | 59,135 | A | (1) | 59,135 | D | |||
Common Stock | 07/15/2004 | A | 4,146 | A | (1) | 4,146 | I | 401(k) | ||
Common Stock(2) | 07/15/2004 | A | 2,906 | A | (3) | 62,041 | D | |||
Common Stock(4) | 07/15/2004 | F | 944 | D | (3) | 61,097 | D | |||
Common Stock(5) | 07/15/2004 | A | 5,813 | A | (3) | 66,910 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option Right | $30.75 | 07/15/2004 | A | 15,000 | (6) | 02/27/2006 | Common Stock | 15,000 | (6) | 15,000 | D | ||||
Stock Option Right | $35.1875 | 07/15/2004 | A | 10,000 | (6) | 02/26/2007 | Common Stock | 10,000 | (6) | 10,000 | D | ||||
Stock Option Right | $39.5313 | 07/15/2004 | A | 30,000 | (6) | 02/20/2008 | Common Stock | 30,000 | (6) | 30,000 | D | ||||
Stock Option Right | $20.0625 | 07/15/2004 | A | 30,000 | (6) | 01/05/2009 | Common Stock | 30,000 | (6) | 30,000 | D | ||||
Stock Option Right | $21.75 | 07/15/2004 | A | 35,000 | (6) | 02/16/2010 | Common Stock | 35,000 | (6) | 35,000 | D | ||||
Stock Option Right | $26.38 | 07/15/2004 | A | 18,000 | (6) | 02/14/2011 | Common Stock | 18,000 | (6) | 18,000 | D | ||||
Stock Option Right | $20.865 | 07/15/2004 | A | 18,000 | (6) | 02/18/2012 | Common Stock | 18,000 | (6) | 18,000 | D | ||||
Stock Option Right | $13.3 | 07/15/2004 | A | 15,000 | (6) | 02/18/2013 | Common Stock | 15,000 | (6) | 15,000 | D | ||||
STock Option Right | $19.075 | 07/15/2004 | A | 15,000 | (6) | 02/23/2014 | Common Stock | 15,000 | (6) | 15,000 | D |
Explanation of Responses: |
1. Received in exchange for an equal number of Belden Inc. ("Belden") common stock pursuant to Agreement and Plan of Merger among Belden, BC Merger Corp., and Cable Design Technologies Corporation ("CDT"), which changed its name upon completion of the merger to Belden CDT Inc., after giving effect to the CDT reverse stock split of 1 for 2 shares. On the effective date of the merger, the closing price of Belden's common stock was $20.50 per share, and the closing price of CDT's common stock (after giving effect to the reverse stock split) was $20.50 per share. |
2. Grant of Belden CDT common stock which the Belden CDT Board of Directors had previously approved as of July 15, 2004. |
3. Closing price of CDT common stock on July 15, 2004, after giving effect to CDT's 1 for 2 reverse stock split which occurred prior to the completion of the merger. |
4. Shares withheld to satisfy tax and FICA liability with respect to stock grant noted in footnote 2 above, in accordance with Rule 16b-3. |
5. Restricted share grant of Belden CDT common stock, which the Belden CDT Board of Directors had previously approved on July 15, 2004, after giving effect to CDT's 1 for 2 reverse stock split which occurred prior to completion of the merger. One half of the amount will vest on July 15, 2005; the remainder will vest on July 15, 2006. |
6. Received in the merger in exchange for stock options to acquire the same number of shares of Belden common stock at the same exercise price. The exercise price of the option is the average of the high and low of Belden shares on the grant date. All outstanding options vested upon the merger becoming effective on July 15, 2004. |
Remarks: |
Richard K. Reece | 07/15/2004 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* 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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
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 Number. |