Fred J. Begale - 04 Mar 2022 Form 4 Insider Report for BADGER METER INC (BMI)

Signature
/s/ William R.A. Bergum, Attorney-in-Fact for Fred J. Begale
Issuer symbol
BMI
Transactions as of
04 Mar 2022
Net transactions value
-$16,698
Form type
4
Filing time
07 Mar 2022, 18:30:45 UTC
Previous filing
03 Mar 2022
Next filing
18 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BMI Common Stock Award +631 +29% 2,798 04 Mar 2022 Direct F1
transaction BMI Common Stock Sale $16,698 -175 -6.3% $95.42 2,623 07 Mar 2022 Direct F2
holding BMI Common Stock 6,835 04 Mar 2022 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
holding BMI Stock Options 2,064 04 Mar 2022 BMI Common Stock 2,064 $33.98 Direct
holding BMI Stock Options 1,981 04 Mar 2022 BMI Common Stock 1,981 $36.45 Direct
holding BMI Stock Options 1,621 04 Mar 2022 BMI Common Stock 1,621 $48.20 Direct
holding BMI Stock Options 1,648 04 Mar 2022 BMI Common Stock 1,648 $59.85 Direct
holding BMI Stock Options 1,715 04 Mar 2022 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 Restricted stock granted March 4, 2022 to reporting person under the 2021 Omnibus Incentive Plan. The restricted stock vests ratably over three years from the date of grant.
F2 The price in Column 4 is a weighted average price. Prices actually received ranged from $95.00 to $97.09. 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.