BADGER METER INC — Director's Dealing 2019

Apr 24, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BADGER METER INC (BMI)
CIK: 0000009092
Period of Report: 2019-04-23

Reporting Person: SERDYNSKI RAYMOND G (VP-Manufacturing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-04-23	Common Stock	M	2416	$27.18	Acquired	10045	Direct
2019-04-23	Common Stock	M	1933	$28.33	Acquired	11978	Direct
2019-04-23	Common Stock	M	1238	$33.975	Acquired	13216	Direct
2019-04-23	Common Stock	M	792	$36.45	Acquired	14008	Direct
2019-04-23	Common Stock	M	324	$48.20	Acquired	14332	Direct
2019-04-23	Common Stock	S	6703	$56.5303	Disposed	7629	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-04-23	Stock Options	$27.18	M	2416	Disposed	2024-03-07	BMI Common Stock (2416)	Direct
2019-04-23	Stock Options	$28.33	M	1933	Disposed	2025-03-06	BMI Common Stock (1933)	Direct
2019-04-23	Stock Options	$33.975	M	1238	Disposed	2026-03-04	BMI Common Stock (1238)	Direct
2019-04-23	Stock Options	$36.45	M	792	Disposed	2027-03-03	BMI Common Stock (792)	Direct
2019-04-23	Stock Options	$48.20	M	324	Disposed	2028-03-02	BMI Common Stock (324)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	22603.6423	Indirect

Footnotes

F1: Stock Options are granted on a one-for-one basis.