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BADGER METER INC — Director's Dealing 2017
Sep 7, 2017
30998_dirs_2017-09-07_254f6f6c-3d1b-4018-90c6-92ca32ee5ea2.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: 2017-09-05
Reporting Person: POLICANO ANDREW J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-09-05 | Common Stock | S | 8000 | $45.6406 | Disposed | 24560.606 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock Units | $ | BMI Common Stock (1082.326) | 1082.326 | Direct |
Footnotes
F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $45.55 to $45.725. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
F2: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.