ITRON, INC. — Director's Dealing 2023

Jun 7, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ITRON, INC. (ITRI)
CIK: 0000780571
Period of Report: 2023-06-06

Reporting Person: Reeves Donald L. III (SVP, Outcomes)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-06-06	Common Stock	M	4802	$55.486	Acquired	15622	Direct
2023-06-06	Common Stock	S	5127	$70.46	Disposed	10495	Direct
2023-06-06	Common Stock	S	1404	$71.06	Disposed	9091	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-06-06	Stock Option (Right to Buy)	$55.486	M	4802	Disposed	2026-05-09	Common Stock (4802)	Direct

Footnotes

F1: Represents number of shares sold under a Rule 10b5-1 Trading Plan adopted by Mr. Reeves on November 18, 2022.

F2: Represents weighted average price. Shares were sold in multiple transactions at prices ranging from $70.00 to $70.99, inclusive. Reporting person undertakes to provide to the issuer, any shareholder of the issuer, or the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges specified.

F3: Represents weighted average price. Shares were sold in multiple transactions at prices ranging from $71.01 to $71.17, inclusive. Reporting person undertakes to provide to the issuer, any shareholder of the issuer, or the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges specified.

F4: Represents number of options exercised under a Rule 10b5-1 Trading Plan adopted by Mr. Reeves on November 18, 2022.

F5: This option vested in the amount of 368 shares each month from January 10, 2018 to April 10, 2020 and 386 shares vested on May 10, 2020.