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BADGER METER INC — Director's Dealing 2022
Oct 3, 2022
30998_dirs_2022-10-03_31958641-4a8a-41e0-8440-148f51313e99.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: 2022-10-03
Reporting Person: Liu Xia (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-10-03 | Phantom Stock Units | $ | A | 297 | Acquired | BMI Common Stock (297) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 0 | 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 Ms. Liu's Badger Meter, Inc. Director Deferred Compensation Plan account as payment for her 2022 Fourth Quarter retainer of $16,500; as well as the pro-rata retainer from her appointment on August 1, 2022 through September 30, 2022 ($10,940). The phantom stock units were computed at $92.39, the 9/30/2022 closing price of the Company's stock, as required by the plan.