BADGER METER INC — Director's Dealing 2019

Apr 30, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BADGER METER INC (BMI)
CIK: 0000009092
Period of Report: 2019-04-29

Reporting Person: MEEUSEN RICHARD A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-04-29	Common Stock	A	1020	$54.12	Acquired	74582	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8571.2197	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
Stock Options	$48.20	2028-03-02	BMI Common Stock (15810)	15810	Direct

Footnotes

F1: Shares granted pursuant to the 2011 Omnibus Incentive Plan as approved by shareholders on April 29, 2011 and re-approved on April 29, 2016. Non-employee directors are given an annual grant of Badger Meter Common Stock on the first business day following the Company's annual meeting. This year's grant is equal to $57,000 as rounded down to the nearest whole share based on a 10-day average closing price of the Company's Common stock.