BADGER METER INC — Director's Dealing 2013

Feb 14, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BADGER METER INC (BMI)
CIK: 0000009092
Period of Report: 2013-02-12

Reporting Person: POLICANO ANDREW J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-02-12	Common Stock	M	6400	$7.00	Acquired	24309.303	Direct
2013-02-12	Common Stock	S	6400	$49.6178	Disposed	17909.303	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-02-12	Stock Options	$7.00	M	6400	Disposed	2013-05-02	BMI Common Stock (6400)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock Units	$0.00	1988-08-08	BMI Common Stock (519.004)	519.004	Direct

Footnotes

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