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BADGER METER INC — Director's Dealing 2019
Feb 11, 2019
30998_dirs_2019-02-11_d5f30552-126f-4fb4-bf88-e95229a086fb.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: 2019-02-08
Reporting Person: ADAMS TODD A. (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-08 | Phantom Stock Units | $ | A | 119.894 | Acquired | BMI Common Stock (119.894) | Direct | |
| 2017-05-05 | Stock Options | $38.55 | A | 2627 | Acquired | 2027-05-05 | BMI Common Stock (2627) | Direct |
Footnotes
F1: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.
F2: The phantom stock units were accrued in Mr. Adams' Badger Meter, Inc. Director Deferred Compensation Plan account as payment for the February 2019 board meeting fee in the amount of $3,500 and two February audit committee meetings at $1,200 each. The phantom stock units were computed at $49.21, the 12/31/2018 closing price of the Company's stock, as required by the plan.