James W. McGill - 01 May 2023 Form 4 Insider Report for BADGER METER INC (BMI)

Role: Director
Signature: /s/ William R.A. Bergum, Attorney-in-Fact for James W. McGill
Issuer symbol: BMI
Transactions as of: 01 May 2023
Net transactions value: +$78,107
Form type: 4
Filing time: 02 May 2023, 17:13:21 UTC
Previous filing: 17 Feb 2023
Next filing: 20 Feb 2024
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	$78,107	+572	+24%	$136.55	2,995	01 May 2023	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						2,789	01 May 2023	BMI Common Stock	2,789	$58.82	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 $75,000 as rounded down to the nearest whole share based on a 10-day average closing price of the Company's Common stock.

Content

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 $75,000 as rounded down to the nearest whole share based on a 10-day average closing price of the Company's Common stock.