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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 ($72.785) and the exercise price ($39.83).  Additional shares are then withheld to satisfy the Company's tax withholding obligations."}],"balance_after":12185,"source":{"system":"sec-edgar","filing":"0001209191-17-013012","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/913142/000120919117013012/doc4.xml","form_type":"4"}},{"id":4433167,"issuer":{"id":4002,"kind":"organization","name":"BELDEN INC.","symbol":"BDC"},"owners":[{"id":178651,"kind":"person","name":"Gusenleitner Christoph","position":1,"cik":"0001488355","reported_name":"Gusenleitner Christoph","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP, Industrial Connectivity"}}],"security":"Common 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The prices of the transactions reported on this line ranged from $78.20 to $78.30.  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."}],"balance_after":4548,"source":{"system":"sec-edgar","filing":"0001209191-16-155494","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/913142/000120919116155494/doc4.xml","form_type":"4"}}]}