Karen M. Bauer - 04 Mar 2022 Form 4 Insider Report for BADGER METER INC (BMI)

Role: VP-IR, Strategy & Treasurer
Signature: /s/ Karen Bauer
Issuer symbol: BMI
Transactions as of: 04 Mar 2022
Net transactions value: $0
Form type: 4
Filing time: 07 Mar 2022, 18:37:54 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	+18%		4,205	04 Mar 2022	Direct	F1
holding	BMI	Common Stock						152	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						1,648	04 Mar 2022	BMI Common Stock	1,648	$59.85	Direct
holding	BMI	Stock Options						1,886	04 Mar 2022	BMI Common Stock	1,886	$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.