Fred J. Begale - Mar 3, 2023 Form 4 Insider Report for BADGER METER INC (BMI)

Role
VP-Engineering
Signature
/s/ William R.A. Bergum, Attorney-in-Fact for Fred J. Begale
Stock symbol
BMI
Transactions as of
Mar 3, 2023
Transactions value $
-$46,096
Form type
4
Date filed
3/6/2023, 07:01 PM
Previous filing
Jan 18, 2023
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BMI Common Stock Award +625 +23.83% 3.25K Mar 3, 2023 Direct F1
transaction BMI Common Stock Sale -$46.1K -385 -11.85% $119.73 2.86K Mar 6, 2023 Direct F2
holding BMI Common Stock 7.05K Mar 3, 2023 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 2.06K Mar 3, 2023 BMI Common Stock 2.06K $33.98 Direct
holding BMI Stock Options 1.98K Mar 3, 2023 BMI Common Stock 1.98K $36.45 Direct
holding BMI Stock Options 1.62K Mar 3, 2023 BMI Common Stock 1.62K $48.20 Direct
holding BMI Stock Options 1.65K Mar 3, 2023 BMI Common Stock 1.65K $59.85 Direct
holding BMI Stock Options 1.72K Mar 3, 2023 BMI Common Stock 1.72K $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 3, 2023 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 $119.00 to $122.11. 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.