Gregory M. Gomez - Aug 24, 2021 Form 4 Insider Report for BADGER METER INC (BMI)

Role
VP-Flow Instrumentation
Signature
/s/ William R.A. Bergum, Attorney in Fact for Gregory M. Gomez
Stock symbol
BMI
Transactions as of
Aug 24, 2021
Transactions value $
-$448,735
Form type
4
Date filed
8/25/2021, 05:28 PM
Next filing
Jan 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BMI Common Stock Options Exercise $72.7K +2.84K +19.02% $25.65* 17.7K Aug 24, 2021 Direct
transaction BMI Common Stock Options Exercise $76.6K +2.82K +15.88% $27.18* 20.6K Aug 24, 2021 Direct
transaction BMI Common Stock Sale -$598K -5.65K -27.49% $105.78 14.9K Aug 24, 2021 Direct F1
holding BMI Common Stock 13.2K Aug 24, 2021 ESSOP

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BMI Stock Options Options Exercise -2.84K -100% 0 Aug 24, 2021 BMI Common Stock 2.84K $25.65 Direct F2
transaction BMI Stock Options Options Exercise -2.82K -100% 0 Aug 24, 2021 BMI Common Stock 2.82K $27.18 Direct F2
holding BMI Stock Options 3.38K Aug 24, 2021 BMI Common Stock 3.38K $28.33 Direct
holding BMI Stock Options 2.89K Aug 24, 2021 BMI Common Stock 2.89K $33.98 Direct
holding BMI Stock Options 2.29K Aug 24, 2021 BMI Common Stock 2.29K $36.45 Direct
holding BMI Stock Options 1.78K Aug 24, 2021 BMI Common Stock 1.78K $48.20 Direct
holding BMI Stock Options 1.81K Aug 24, 2021 BMI Common Stock 1.81K $59.85 Direct
holding BMI Stock Options 2.32K Aug 24, 2021 BMI Common Stock 2.32K $63.04 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price in Column 4 is a weighted average price. Prices actually received ranged from $104.78 to $107.20. 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.