BADGER METER INC — Director's Dealing 2017

Apr 28, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BADGER METER INC (BMI)
CIK: 0000009092
Period of Report: 2017-04-27

Reporting Person: MEEUSEN RICHARD A (Director, Chairman, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-04-27	Common Stock	S	12500	$40.6617	Disposed	224320	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8426.4521	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$19.205	2020-05-07	BMI Common Stock (20400)	20400	Direct
Stock Options	$18.295	2021-05-06	BMI Common Stock (26600)	26600	Direct
Stock Options	$18.075	2022-05-04	BMI Common Stock (37600)	37600	Direct
Stock Options	$25.645	2023-03-01	BMI Common Stock (22734)	22734	Direct
Stock Options	$27.18	2024-03-07	BMI Common Stock (23624)	23624	Direct
Stock Options	$28.33	2025-03-06	BMI Common Stock (24176)	24176	Direct
Stock Options	$33.975	2026-03-04	BMI Common Stock (20658)	20658	Direct
Stock Options	$36.45	2027-03-03	BMI Common Stock (20340)	20340	Direct

Footnotes

F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $40.35 to $41. 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.