BADGER METER INC — Director's Dealing 2013

Feb 5, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BADGER METER INC (BMI)
CIK: 0000009092
Period of Report: 2013-02-01

Reporting Person: WEBB DENNIS J (VP-Customer Solutions)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-02-01	Common Stock	A	150.3631	$47.41	Acquired	14667.2726	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10650	Direct
Common Stock	1200	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$24.94	2017-05-04	BMI Common Stock (480)	480	Direct
Stock Options	$38.69	2019-05-01	BMI Common Stock (3000)	3000	Direct
Stock Options	$38.41	2020-05-07	BMI Common Stock (1200)	1200	Direct
Stock Options	$36.59	2021-05-06	BMI Common Stock (1200)	1200	Direct

Footnotes

F1: Represents shares accumulated during 2012 in the participant's 401(k) account, including the Company's year end match.

F2: Year end stock price at 12/31/2012 for Badger Meter Common Stock used to calculate the Company's match.