Kenneth Bockhorst - Mar 4, 2022 Form 4 Insider Report for BADGER METER INC (BMI)

Role
Chairman, President & CEO, Director
Signature
/s/ William R.A. Bergum, Attorney-in-Fact for Kenneth C. Bockhorst
Stock symbol
BMI
Transactions as of
Mar 4, 2022
Transactions value $
-$55,344
Form type
4
Date filed
3/7/2022, 06:31 PM
Previous filing
Mar 3, 2022
Next filing
Apr 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BMI Common Stock Award +4.24K +14.83% 32.8K Mar 4, 2022 Direct F1
transaction BMI Common Stock Tax liability -$55.3K -580 -1.77% $95.42 32.3K Mar 7, 2022 Direct F2
holding BMI Common Stock 251 Mar 4, 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 10.5K Mar 4, 2022 BMI Common Stock 10.5K $48.20 Direct
holding BMI Stock Options 15.3K Mar 4, 2022 BMI Common Stock 15.3K $59.85 Direct
holding BMI Stock Options 18.2K Mar 4, 2022 BMI Common Stock 18.2K $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.