Kenneth Bockhorst - 02 Mar 2022 Form 4 Insider Report for BADGER METER INC (BMI)

Role: Chairman, President & CEO, Director
Signature: /s/ William R.A. Bergum, Attorney-in-Fact for Kenneth C. Bockhorst
Issuer symbol: BMI
Transactions as of: 02 Mar 2022
Transactions value $: -$213,599
Form type: 4
Date filed: 03 Mar 2022, 16:06
Previous filing: 29 Dec 2021
Next filing: 07 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BMI	Common Stock	Tax liability	-$214K	-2.17K	-7.04%	$98.66	28.6K	02 Mar 2022	Direct	F1
holding	BMI	Common Stock						251	02 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						10.5K	02 Mar 2022	BMI Common Stock	10.5K	$48.20	Direct
holding	BMI	Stock Options						15.3K	02 Mar 2022	BMI Common Stock	15.3K	$59.85	Direct
holding	BMI	Stock Options						18.2K	02 Mar 2022	BMI Common Stock	18.2K	$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 $98.50 to $99.00. 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.