Fred J. Begale - 13 Sep 2021 Form 4 Insider Report for BADGER METER INC (BMI)

Role
VP-Engineering
Signature
/s/ William R.A. Bergum, Attorney-in-Fact for Fred J. Begale
Issuer symbol
BMI
Transactions as of
13 Sep 2021
Net transactions value
-$176,126
Form type
4
Filing time
15 Sep 2021, 17:30:37 UTC
Next filing
24 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BMI Common Stock Options Exercise $68,445 +2,416 +91% $28.33* 5,081 13 Sep 2021 Direct
transaction BMI Common Stock Sale $244,572 -2,416 -48% $101.23 2,665 13 Sep 2021 Direct F1
holding BMI Common Stock 6,667 13 Sep 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 -2,416 -100% 0 13 Sep 2021 BMI Common Stock 2,416 $28.33 Direct F2
holding BMI Stock Options 2,064 13 Sep 2021 BMI Common Stock 2,064 $33.98 Direct
holding BMI Stock Options 1,981 13 Sep 2021 BMI Common Stock 1,981 $36.45 Direct
holding BMI Stock Options 1,621 13 Sep 2021 BMI Common Stock 1,621 $48.20 Direct
holding BMI Stock Options 1,648 13 Sep 2021 BMI Common Stock 1,648 $59.85 Direct
holding BMI Stock Options 1,715 13 Sep 2021 BMI Common Stock 1,715 $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 $101.17 to $101.38. 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.