BADGER METER INC — Director's Dealing 2013

Aug 22, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BADGER METER INC (BMI)
CIK: 0000009092
Period of Report: 2013-08-20

Reporting Person: Stoll Kimberly K (VP-Sales & Marketing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-08-20	Common Stock	M	5600	$38.69	Acquired	7592	Direct
2013-08-20	Common Stock	M	720	$38.41	Acquired	8312	Direct
2013-08-20	Common Stock	M	800	$36.59	Acquired	9112	Direct
2013-08-20	Common Stock	M	480	$36.15	Acquired	9592	Direct
2013-08-20	Common Stock	S	7600	$47.3029	Disposed	1992	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-08-20	Stock Options	$38.69	M	5600	Disposed	2019-05-01	BMI Common Stock (5600)	Direct
2013-08-20	Stock Options	$38.41	M	720	Disposed	2020-05-07	BMI Common Stock (720)	Direct
2013-08-20	Stock Options	$36.59	M	800	Disposed	2021-05-06	BMI Common Stock (800)	Direct
2013-08-20	Stock Options	$36.15	M	480	Disposed	2022-05-04	BMI Common Stock (480)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1345.8236	Indirect
Common Stock	3100	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$51.29	2023-03-01	BMI Common Stock (1418)	1418	Direct

Footnotes

F1: Stock Options are granted on a one-for-one basis.