BADGER METER INC — Director's Dealing 2003

Sep 22, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BADGER METER INC (BMI)
CIK: 0000009092
Period of Report: 2003-09-19

Reporting Person: MANNING KENNETH P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-09-19	Common Stock	M	1000	$15.8125	Acquired	8010	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-09-19	Stock Option (Right to Buy)	$15.8125	M	1000	Disposed	2006-08-16	BMI Common Stock (1000)	Direct

Footnotes

F1: Not applicable.