BADGER METER INC — Director's Dealing 2018

Mar 9, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BADGER METER INC (BMI)
CIK: 0000009092
Period of Report: 2018-03-07

Reporting Person: GOMEZ GREGORY M (VP-Flow Instrumentation)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-07	Common Stock	S	1834	$48.7756	Disposed	15816	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	12472.239	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$19.345	2019-05-01	BMI Common Stock (1200)	1200	Direct
Stock Options	$19.205	2020-05-07	BMI Common Stock (2400)	2400	Direct
Stock Options	$18.295	2021-05-06	BMI Common Stock (2400)	2400	Direct
Stock Options	$18.075	2022-05-04	BMI Common Stock (4800)	4800	Direct
Stock Options	$25.645	2023-03-01	BMI Common Stock (2836)	2836	Direct
Stock Options	$27.18	2024-03-07	BMI Common Stock (2818)	2818	Direct
Stock Options	$28.33	2025-03-06	BMI Common Stock (3378)	3378	Direct
Stock Options	$33.975	2026-03-04	BMI Common Stock (2886)	2886	Direct
Stock Options	$36.45	2027-03-03	BMI Common Stock (2294)	2294	Direct
Stock Options	$48.20	2028-03-02	BMI Common Stock (1783)	1783	Direct

Footnotes

F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $48.65 to $49.10. 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.