GREGORY M. GOMEZ - 24 Aug 2021 Form 4 Insider Report for BADGER METER INC (BMI)

Signature
/s/ William R.A. Bergum, Attorney in Fact for Gregory M. Gomez
Issuer symbol
BMI
Transactions as of
24 Aug 2021
Transactions value $
-$448,735
Form type
4
Filing time
25 Aug 2021, 17:28:48 UTC
Next filing
24 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BMI Common Stock Options Exercise $72,729 +2,836 +19% $25.64* 17,748 24 Aug 2021 Direct
transaction BMI Common Stock Options Exercise $76,593 +2,818 +16% $27.18* 20,566 24 Aug 2021 Direct
transaction BMI Common Stock Sale -$598,057 -5,654 -27% $105.78 14,912 24 Aug 2021 Direct F1
holding BMI Common Stock 13,158 24 Aug 2021 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
transaction BMI Stock Options Options Exercise -2,836 -100% 0 24 Aug 2021 BMI Common Stock 2,836 $25.64 Direct F2
transaction BMI Stock Options Options Exercise -2,818 -100% 0 24 Aug 2021 BMI Common Stock 2,818 $27.18 Direct F2
holding BMI Stock Options 3,378 24 Aug 2021 BMI Common Stock 3,378 $28.33 Direct
holding BMI Stock Options 2,886 24 Aug 2021 BMI Common Stock 2,886 $33.98 Direct
holding BMI Stock Options 2,294 24 Aug 2021 BMI Common Stock 2,294 $36.45 Direct
holding BMI Stock Options 1,783 24 Aug 2021 BMI Common Stock 1,783 $48.2 Direct
holding BMI Stock Options 1,813 24 Aug 2021 BMI Common Stock 1,813 $59.85 Direct
holding BMI Stock Options 2,315 24 Aug 2021 BMI Common Stock 2,315 $63.04 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price in Column 4 is a weighted average price. Prices actually received ranged from $104.78 to $107.20. 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.
F2 Stock Options are granted on a one-for-one basis.