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BADGER METER INC Director's Dealing 2015

Dec 21, 2015

30998_dirs_2015-12-21_320eec69-7d67-4932-bb98-cbcb9bc802de.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: 2015-12-14

Reporting Person: Begale Fred J (VP-Engineering)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-12-14 Common Stock I 403.616 Acquired 2840.1198 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1336 Direct
Common Stock 2068 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options $38.69 2019-05-01 BMI Common Stock (3500) 3500 Direct
Stock Options $36.59 2021-05-06 BMI Common Stock (400) 400 Direct
Stock Options $36.15 2022-05-04 BMI Common Stock (640) 640 Direct
Stock Options $51.29 2023-03-01 BMI Common Stock (1181) 1181 Direct
Stock Options $54.36 2024-03-07 BMI Common Stock (1208) 1208 Direct
Stock Options $56.66 2025-03-06 BMI Common Stock (1208) 1208 Direct

Footnotes

F1: Fred J. Begale elected to make an intra-fund transfer from other 401(k) investment options into the Badger Meter Stock Fund. The amount transferred was $15,802.87. The Badger Meter Stock Fund shares represented on this transaction include the transfer and shares purchased year-to-date through payroll withholding. Payroll withholding shares are typically reported annually. The Badger Meter Stock Fund shares are based on units calculated using a ratio of cash held in the fund, number of shares in the fund and stock price. The price of Badger Meter stock on December 14, 2015 was $58.55.