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BADGER METER INC — Director's Dealing 2020
Sep 15, 2020
30998_dirs_2020-09-14_47d12af6-5d6a-40a0-972b-d43c866db6f6.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: 2020-09-10
Reporting Person: BERGUM WILLIAM R A (VP-Gen. Counsel and Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-09-10 | Common Stock | J | 1611.129 | $62.068 | Disposed | 12042.1474 | Indirect |
| 2020-09-11 | Common Stock | M | 1500 | $18.075 | Acquired | 12649 | Direct |
| 2020-09-11 | Common Stock | D | 1500 | $61.84 | Disposed | 11149 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-09-11 | Stock Options | $18.075 | M | 1500 | Disposed | 2022-05-04 | BMI Common Stock (1500) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options | $25.645 | 2023-03-01 | BMI Common Stock (2362) | 2362 | Direct |
| Stock Options | $27.18 | 2024-03-07 | BMI Common Stock (2416) | 2416 | Direct |
| Stock Options | $28.33 | 2025-03-06 | BMI Common Stock (2416) | 2416 | Direct |
| Stock Options | $33.975 | 2026-03-04 | BMI Common Stock (2064) | 2064 | Direct |
| Stock Options | $36.45 | 2027-03-03 | BMI Common Stock (1981) | 1981 | Direct |
| Stock Options | $48.20 | 2028-03-02 | BMI Common Stock (1621) | 1621 | Direct |
| Stock Options | $59.85 | 2029-03-01 | BMI Common Stock (1648) | 1648 | Direct |
| Stock Options | $63.04 | 2030-03-06 | BMI Common Stock (2144) | 2144 | Direct |
Footnotes
F1: Mr. Bergum elected to make an intra-fund transfer out of the Badger Meter Stock Fund into other 401(k) investment options. The Badger Meter Stock Fund shares represented are share equivalents of a unitized stock fund which utilizes units calculated using a ratio of cash held in the fund, number of shares in the fund and stock share price.
F2: The price in Column 4 is a weighted average price. Prices actually received ranged from $61.80 to $62.00. 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 for all transactions reported in this Form 4.
F3: Stock Options are granted on a one-for-one basis.