Kimberly K. Stoll - 21 Jan 2022 Form 4 Insider Report for BADGER METER INC (BMI)

Role: VP-Sales & Marketing
Signature: /s/ William R.A. Bergum, Attorney-in-Fact for Kimberly K. Stoll
Issuer symbol: BMI
Transactions as of: 21 Jan 2022
Net transactions value: +$14,476
Form type: 4
Filing time: 24 Jan 2022, 09:22:39 UTC
Next filing: 03 Mar 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	Award	$14,476	+136	+2.3%	$106.56	5,946	21 Jan 2022	ESSOP	F1, F2
holding	BMI	Common Stock						4,502	21 Jan 2022	Direct

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
holding	BMI	Stock Options						577	21 Jan 2022	BMI Common Stock	577	$33.98	Direct
holding	BMI	Stock Options						1,043	21 Jan 2022	BMI Common Stock	1,043	$36.45	Direct
holding	BMI	Stock Options						1,217	21 Jan 2022	BMI Common Stock	1,217	$48.20	Direct
holding	BMI	Stock Options						1,648	21 Jan 2022	BMI Common Stock	1,648	$59.85	Direct
holding	BMI	Stock Options						2,315	21 Jan 2022	BMI Common Stock	2,315	$63.04	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of Badger Meter stock accumulated during 2021 and early 2022 in the participant's 401k component of the ESSOP, including contributions and 401K match.
F2	Year end stock price for Badger Meter Common Stock used to calculate the Company's match.