Daniel R. Weltzien - 04 Mar 2022 Form 4 Insider Report for BADGER METER INC (BMI)

Role: VP-Controller
Signature: /s/ William R.A. Bergum, Attorney-in-Fact for Daniel R. Weltzien
Issuer symbol: BMI
Transactions as of: 04 Mar 2022
Net transactions value: $0
Form type: 4
Filing time: 07 Mar 2022, 18:35:36 UTC
Next filing: 06 Mar 2023
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		+631	+34%		2,464	04 Mar 2022	Direct	F1
holding	BMI	Common Stock						110	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						1,401	04 Mar 2022	BMI Common Stock	1,401	$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.