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BADGER METER INC Director's Dealing 2019

Nov 12, 2019

30998_dirs_2019-11-12_c338a24f-b6ab-428b-9088-300f4540c291.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: 2019-11-08

Reporting Person: ADAMS TODD A. (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-11-08 Phantom Stock Units $ A 65.177 Acquired BMI Common Stock (65.177) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options $38.55 2027-05-05 BMI Common Stock (2627) 2627 Direct

Footnotes

F1: Due to a broker administrative error, a sale on December 11, 2018 of 4,000 shares was mistakenly reported when in fact such sale did not occur. This amended report retracts that reported sale. In fact, the actual sale occurred on December 13, 2018. The number of shares reflected in this Column 5 following the corrected transactions is the number currently owned by the Reporting Person.

F2: The phantom stock units were accrued in Mr. Adams' Badger Meter, Inc. Director Deferred Compensation Plan account as payment for the November 2019 Board fee in the amount of $3,500. The phantom stock units were computed at $53.70, the 9/30/2019 closing price of the Company's stock, as required by the plan.