BADGER METER INC — Director's Dealing 2021

Mar 8, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BADGER METER INC (BMI)
CIK: 0000009092
Period of Report: 2021-03-05

Reporting Person: BERGUM WILLIAM R A (VP-Gen. Counsel and Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-05	Common Stock	A	597	$0.00	Acquired	11503	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11130.4892	Indirect

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: Restricted stock granted March 5, 2021 to reporting person under the 2011 Omnibus Incentive Plan. The restricted stock vests ratably over three years from the date of grant.