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BADGER METER INC — Director's Dealing 2005
Feb 2, 2005
30998_dirs_2005-02-02_80d76236-a098-4622-afe1-133da42554ba.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BADGER METER INC (BMI)
CIK: 0000009092
Period of Report: 2005-01-31
Reporting Person: GRAS HORST (VP-International)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2005-01-31 | Common Stock | M | 1250 | $20.13 | Acquired | 4650 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2005-01-31 | Stock Options | $20.13 | M | 1250 | Disposed | 2009-07-16 | Common Stock (1250) | Direct |
Footnotes
F1: In addition to the shares held directly by Mr. Gras, he also owns 11,860 shares in the Badger Meter Officers' Voting Trust. Share amounts have been adjusted to reflect the Company's 2-for-1 stock split as of December 10, 2004.
F2: Stock Options are granted on a one-for-one basis.
F3: In addition to the 3,750 stock options remaining in the July 16, 1999 grant, the reporting person has options to acquire 23,600 additional shares of Common Stock at varying grant prices and vesting schedules over a ten-year period. All share amounts have been adjusted to reflect the Company's 2-for-1 stock split as of December 10, 2004.