0001209191-23-039120.txt : 20230622 0001209191-23-039120.hdr.sgml : 20230622 20230622170238 ACCESSION NUMBER: 0001209191-23-039120 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230620 FILED AS OF DATE: 20230622 DATE AS OF CHANGE: 20230622 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Chand Ashish CENTRAL INDEX KEY: 0001781432 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12561 FILM NUMBER: 231034065 MAIL ADDRESS: STREET 1: C/O BELDEN INC. STREET 2: 1 N. BRENTWOOD BLVD., 15TH FLOOR CITY: SAINT LOUIS STATE: MO ZIP: 63105 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BELDEN INC. CENTRAL INDEX KEY: 0000913142 STANDARD INDUSTRIAL CLASSIFICATION: DRAWING AND INSULATING NONFERROUS WIRE [3357] IRS NUMBER: 363601505 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1 NORTH BRENTWOOD BLVD STREET 2: 15TH FLOOR CITY: ST. LOUIS STATE: MO ZIP: 63105 BUSINESS PHONE: 314-854-8000 MAIL ADDRESS: STREET 1: 1 NORTH BRENTWOOD BLVD STREET 2: 15TH FLOOR CITY: ST. LOUIS STATE: MO ZIP: 63105 FORMER COMPANY: FORMER CONFORMED NAME: BELDEN CDT INC. DATE OF NAME CHANGE: 20040716 FORMER COMPANY: FORMER CONFORMED NAME: CABLE DESIGN TECHNOLOGIES CORP DATE OF NAME CHANGE: 19931006 4 1 doc4.xml FORM 4 SUBMISSION X0407 4 2023-06-20 0 0000913142 BELDEN INC. BDC 0001781432 Chand Ashish C/O BELDEN INC. 1 N. BRENTWOOD BLVD., 15TH FLOOR SAINT LOUIS MO 63105 1 1 0 0 President and CEO 1 Common Stock 2023-06-20 4 S 0 26371 94.813 D 45682 D Common Stock 2023-06-20 4 M 0 738 52.89 A 46420 D Common Stock 2023-06-20 4 D 0 575 94.67 D 45845 D Common Stock 2023-06-20 4 M 0 9580 61.79 A 55425 D Common Stock 2023-06-20 4 D 0 7909 94.67 D 47516 D Common Stock 2023-06-20 4 M 0 9297 51.14 A 56813 D Common Stock 2023-06-20 4 D 0 7148 94.67 D 49665 D Common Stock 2023-06-20 4 M 0 8748 45.11 A 58413 D Common Stock 2023-06-20 4 D 0 6445 94.67 D 51968 D Common Stock 2023-06-20 4 M 0 3858 53.79 A 55826 D Common Stock 2023-06-20 4 D 0 3021 94.67 D 52805 D Common Stock 788.5741 I By 401(k) Plan Stock Appreciation Rights 52.89 2023-06-20 4 M 0 738 0.00 D 2026-02-24 Common Stock 738 0 D Stock Appreciation Rights 61.79 2023-06-20 4 M 0 9580 0.00 D 2029-02-28 Common Stock 9580 0 D Stock Appreciation Rights 51.14 2023-06-20 4 M 0 9297 0.00 D 2030-02-11 Common Stock 9297 0 D Stock Appreciation Rights 45.11 2023-06-20 4 M 0 8748 0.00 D 2031-02-16 Common Stock 8748 4373 D Stock Appreciation Rights 53.79 2023-06-20 4 M 0 3858 0.00 D 2023-02-22 2032-02-22 Common Stock 3858 7714 D As indicated at the top of this Form 4, all of the transactions reflected herein were effected pursuant to a 10b5-1 plan, with the proceeds directed towards the purchase of a primary residence. This price represents the average sale price for multiple transactions on this line. The prices of the transactions reported on this line ranged from $94.15 to $95.20. Upon request by the SEC staff, the Issuer or a security holder of the Issuer, the Reporting Person will undertake to provide full information regarding the number of shares and prices at which transactions were effected. This represents the difference between the number of SARs exercised (738) and the number of shares issued as a result of the exercise (163). 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 ($94.67) and the exercise price ($52.89). Additional shares are then withheld to satisfy the Company's tax withholding obligations. This represents the difference between the number of SARs exercised (9,580) and the number of shares issued as a result of the exercise (1,671). 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 ($94.67) and the exercise price ($61.79). Additional shares are then withheld to satisfy the Company's tax withholding obligations. This represents the difference between the number of SARs exercised (9,297) and the number of shares issued as a result of the exercise (2,149). 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 ($94.67) and the exercise price ($51.14). Additional shares are then withheld to satisfy the Company's tax withholding obligations. This represents the difference between the number of SARs exercised (8,748) and the number of shares issued as a result of the exercise (2,303). 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 ($94.67) and the exercise price ($45.11). Additional shares are then withheld to satisfy the Company's tax withholding obligations. This represents the difference between the number of SARs exercised (3,858) and the number of shares issued as a result of the exercise (837). 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 ($94.67) and the exercise price ($53.79). Additional shares are then withheld to satisfy the Company's tax withholding obligations. Represents the balance of shares of Belden Inc. common stock held in the Belden Retirement Savings Plan as of the date of this filing. 369 SARs became exercisable on February 24, 2018 and 369 SARs became exercisable on February 24, 2019. 3,194 SARs became exercisable on February 28, 2020, 3,193 SARs became exercisable on February 28, 2021 and 3,193 SARs became exercisable on February 28, 2022. 3,099 SARs became exercisable on February 11, 2021, 3,099 SARs became exercisable on February 11, 2022 and 3,099 SARs became exercisable on February 11, 2023. 4,374 SARs became exercisable on February 16, 2022 and 4,374 SARs became exercisable on February 16, 2023. /s/ Brian E. Anderson, attorney-in-fact for Ashish Chand 2023-06-22 EX-24 2 poa.txt POA DOCUMENT LIMITED POWER OF ATTORNEY FOR SECTION 16 REPORTING OBLIGATIONS Know all by these presents, that the undersigned hereby makes, constitutes and appoints Brian E. Anderson, individually, as the undersigned's true and lawful attorney-in-fact, with full power and authority as hereinafter described on behalf of and in the name, place and stead of the undersigned to: (1) prepare, execute, acknowledge, deliver and file Forms 144, ID, 3, 4, and 5 (including any amendments thereto) with respect to the securities of Belden Inc., a Delaware corporation (the "Company"), with the United States Securities and Exchange Commission, any national securities exchanges and the Company, as considered necessary or advisable under Rule 144 of the Securities Act of 1933 and the rules and regulations promulgated thereunder, as amended from time to time (the "Securities Act"), or Section 16(a) of the Securities Exchange Act of 1934 and the rules and regulations promulgated thereunder, as amended from time to time (the "Exchange Act"); (2) seek or obtain, as the undersigned's representative and on the undersigned's behalf, information on transactions in the Company's securities from any third party, including brokers, employee benefit plan administrators and trustees, and the undersigned hereby authorizes any such person to release any such information to the undersigned and approves and ratifies any such release of information; and (3) perform any and all other acts which in the discretion of such attorney-in-fact are necessary or desirable for and on behalf of the undersigned in connection with the foregoing. The undersigned acknowledges that: (1) this Power of Attorney authorizes, but does not require, such attorney-in-fact to act in their discretion on information provided to such attorney-in-fact without independent verification of such information; (2) any documents prepared and/or executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney will be in such form and will contain such information and disclosure as such attorney-in-fact, in his or her discretion, deems necessary or desirable; (3) neither the Company nor such attorney-in-fact assumes (i) any liability for the undersigned's responsibility to comply with the requirement of the Securities Act or the Exchange Act, (ii) any liability of the undersigned for any failure to comply with such requirements, or (iii) any obligation or liability of the undersigned for profit disgorgement under Section 16(b) of the Exchange Act; and (4) this Power of Attorney does not relieve the undersigned from responsibility for compliance with the undersigned's obligations under the Securities Act or the Exchange Act, including without limitation the reporting requirements under Section 16 of the Exchange Act. The undersigned hereby gives and grants the foregoing attorney-in-fact full power and authority to do and perform all and every act and thing whatsoever requisite, necessary or appropriate to be done in and about the foregoing matters as fully to all intents and purposes as the undersigned might or could do if present, hereby ratifying all that such attorney-in-fact of, for and on behalf of the undersigned, shall lawfully do or cause to be done by virtue of this Limited Power of Attorney. This Power of Attorney shall remain in full force and effect until revoked by the undersigned in a signed writing delivered to such attorney-in-fact. IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 26th day of June, 2019. /s/ Ashish Chand Signature Ashish Chand Print Name