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BADGER METER INC Director's Dealing 2023

Aug 3, 2023

30998_dirs_2023-08-02_5b2b4ca1-e4b2-4fef-a198-65af37776058.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: 2023-08-02

Reporting Person: ADAMS TODD A. (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-08-02 Common Stock M 2627 $38.55 Acquired 2627 Direct
2023-08-02 Common Stock S 2627 $162.637 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-08-02 Stock Options $38.55 M 2627 Disposed 2027-05-05 BMI Common Stock (2627) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Phantom Stock Units $ BMI Common Stock (13713.133) 13713.133 Direct

Footnotes

F1: The price in Column 4 is a weighted average price. Prices actually received ranged from $162.40 to $162.92. 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.

F2: Stock Options are granted on a one-for-one basis.

F3: 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.