Glen E. Tellock - May 2, 2022 Form 4 Insider Report for BADGER METER INC (BMI)

Role
Director
Signature
/s/ William R.A. Bergum, Attorney-in-Fact for Glen E. Tellock
Stock symbol
BMI
Transactions as of
May 2, 2022
Transactions value $
$61,697
Form type
4
Date filed
5/4/2022, 05:11 PM
Previous filing
May 3, 2022
Next filing
Jun 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BMI Common Stock Award $61.7K +767 +14.43% $80.44 6.08K May 2, 2022 Direct F1

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 2.63K May 2, 2022 BMI Common Stock 2.63K $38.55 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares granted pursuant to the 2021 Omnibus Incentive Plan as approved by shareholders on April 30, 2021. Non-employee directors are given an annual grant of Badger Meter Common Stock on the first business day following the Company's annual meeting. This year's grant is equal to $64,000 as rounded down to the nearest whole share based on a 10-day average closing price of the Company's Common stock.