BADGER METER INC — Director's Dealing 2023

Mar 7, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BADGER METER INC (BMI)
CIK: 0000009092
Period of Report: 2023-03-03

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-03	Common Stock	A	584	—	Acquired	12445	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11456.65	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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 3, 2023 to reporting person under the 2021 Omnibus Incentive Plan. The restricted stock vests ratably over three years from the date of grant.