BMI

SEC source: 0001209191-21-012763 · doc4.xml · nonDerivative · entry 1

LIONE GAIL A · CIK 0001243079 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,589

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-21-010173 · doc4.xml · nonDerivative · entry 1

Stoll Kimberly K · CIK 0001462632 · VP-Sales & Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,596.002

F1 · price: The price in Column 4 is a weighted average price. Prices actually received ranged from $104.99 to $105.31. 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.

SEC source: 0001209191-21-009508 · doc4.xml · derivative · entry 12

Stoll Kimberly K · CIK 0001462632 · VP-Sales & Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,648

Underlying: BMI Common Stock · 412 shares

Expires 2029-03-01

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · price: Stock Options are granted on a one-for-one basis.

SEC source: 0001209191-21-009508 · doc4.xml · derivative · entry 11

Stoll Kimberly K · CIK 0001462632 · VP-Sales & Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,217

Underlying: BMI Common Stock · 810 shares

Expires 2028-03-02

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · price: Stock Options are granted on a one-for-one basis.

SEC source: 0001209191-21-009508 · doc4.xml · derivative · entry 10

Stoll Kimberly K · CIK 0001462632 · VP-Sales & Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,043

Underlying: BMI Common Stock · 889 shares

Expires 2027-03-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · price: Stock Options are granted on a one-for-one basis.

SEC source: 0001209191-21-009508 · doc4.xml · derivative · entry 9

Stoll Kimberly K · CIK 0001462632 · VP-Sales & Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 577

Underlying: BMI Common Stock · 577 shares

Expires 2026-03-04

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · price: Stock Options are granted on a one-for-one basis.

SEC source: 0001209191-21-009508 · doc4.xml · derivative · entry 8

Stoll Kimberly K · CIK 0001462632 · VP-Sales & Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: BMI Common Stock · 675 shares

Expires 2025-03-06

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · price: Stock Options are granted on a one-for-one basis.

SEC source: 0001209191-21-009508 · doc4.xml · nonDerivative · entry 6

Stoll Kimberly K · CIK 0001462632 · VP-Sales & Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,546.002

F1 · price: The price in Column 4 is a weighted average price. The prices actually received ranged from $106.00 to $106.50. 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 within the range for all transactions reported in this Form 4 utilizing an average weighted price.

SEC source: 0001209191-21-009508 · doc4.xml · nonDerivative · entry 5

Stoll Kimberly K · CIK 0001462632 · VP-Sales & Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,909.002

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-21-009508 · doc4.xml · nonDerivative · entry 4

Stoll Kimberly K · CIK 0001462632 · VP-Sales & Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,497.002

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-21-009508 · doc4.xml · nonDerivative · entry 3

Stoll Kimberly K · CIK 0001462632 · VP-Sales & Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,687.002

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-21-009508 · doc4.xml · nonDerivative · entry 2

Stoll Kimberly K · CIK 0001462632 · VP-Sales & Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,798.002

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-21-009508 · doc4.xml · nonDerivative · entry 1

Stoll Kimberly K · CIK 0001462632 · VP-Sales & Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,221.002

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-21-005113 · doc4.xml · nonDerivative · entry 1

Wrocklage Robert · CIK 0001694589 · SVP-CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,011

F1 · kind: Corrected amount resulting from administrative error. No additional transaction occurred.

SEC source: 0001209191-21-005130 · doc4.xml · nonDerivative · entry 1

BERGUM WILLIAM R A · CIK 0001353821 · VP-Gen. Counsel and Secretary

10b5-1 filing: Not disclosed

Ownership: Indirect · ESSOP

Disclosed balance after: 11,130.4892

F1 · kind: Represents shares of Badger Meter stock accumulated during 2020 and early 2021 in the participant's 401k component of the ESSOP, including contributions and 401K match.

F2 · price: Year end stock price for Badger Meter Common Stock used to calculate the Company's match.

SEC source: 0001209191-21-005127 · doc4.xml · nonDerivative · entry 1

Begale Fred J · CIK 0001462630 · VP-Engineering

10b5-1 filing: Not disclosed

Ownership: Indirect · ESSOP

Disclosed balance after: 6,667.4659

F1 · kind: Represents shares of Badger Meter stock accumulated during 2020 and early 2021 in the participant's 401k component of the ESSOP, including contributions and 401K match.

F2 · price: Year end stock price for Badger Meter Common Stock used to calculate the Company's match.

SEC source: 0001209191-21-005125 · doc4.xml · nonDerivative · entry 1

Bauer Karen M. · CIK 0001776888 · VP-IR, Strategy & Treasurer

10b5-1 filing: Not disclosed

Ownership: Indirect · ESSOP

Disclosed balance after: 152.2129

F1 · kind: Represents shares of Badger Meter stock accumulated during 2020 and early 2021 in the participant's 401k component of the ESSOP, including contributions and 401K match.

F2 · price: Year end stock price for Badger Meter Common Stock used to calculate the Company's match.

SEC source: 0001209191-21-005122 · doc4.xml · nonDerivative · entry 1

Bockhorst Kenneth · CIK 0001672279 · Director · Chairman, President & CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · ESSOP

Disclosed balance after: 250.8344

F1 · kind: Represents shares of Badger Meter stock accumulated during 2020 and early 2021 in the participant's 401k component of the ESSOP, including contributions and 401K match.

F2 · price: Year end stock price for Badger Meter Common Stock used to calculate the Company's match.

SEC source: 0001209191-21-005121 · doc4.xml · nonDerivative · entry 1

GOMEZ GREGORY M · CIK 0001427751 · VP-Flow Instrumentation

10b5-1 filing: Not disclosed

Ownership: Indirect · ESSOP

Disclosed balance after: 13,158.0944

F1 · kind: Represents shares of Badger Meter stock accumulated during 2020 and early 2021 in the participant's 401k component of the ESSOP, including contributions and 401K match.

F2 · price: Year end stock price for Badger Meter Common Stock used to calculate the Company's match.

SEC source: 0001209191-21-005116 · doc4.xml · nonDerivative · entry 1

Stoll Kimberly K · CIK 0001462632 · VP-Sales & Marketing

10b5-1 filing: Not disclosed

Ownership: Indirect · ESSOP

Disclosed balance after: 5,810.0766

F1 · kind: Represents shares of Badger Meter stock accumulated during 2020 and early 2021 in the participant's 401k component of the ESSOP, including contributions and 401K match.

F2 · price: Year end stock price for Badger Meter Common Stock used to calculate the Company's match.

SEC source: 0001209191-21-005118 · doc4.xml · nonDerivative · entry 1

Parisen William · CIK 0001778345 · VP-Global Operations

10b5-1 filing: Not disclosed

Ownership: Indirect · ESSOP

Disclosed balance after: 264.2457

F1 · kind: Represents shares of Badger Meter stock accumulated during 2020 and early 2021 in the participant's 401k component of the ESSOP, including contributions and 401K match.

F2 · price: Year end stock price for Badger Meter Common Stock used to calculate the Company's match.

SEC source: 0001209191-21-005114 · doc4.xml · nonDerivative · entry 1

Weltzien Daniel R · CIK 0001762224 · VP-Controller

10b5-1 filing: Not disclosed

Ownership: Indirect · ESSOP

Disclosed balance after: 110.3446

F1 · kind: Represents shares of Badger Meter stock accumulated during 2020 and early 2021 in the participant's 401k component of the ESSOP, including contributions and 401K match.

F2 · price: Year end stock price for Badger Meter Common Stock used to calculate the Company's match.

SEC source: 0001209191-21-005119 · doc4.xml · nonDerivative · entry 1

Hopkins Sheryl · CIK 0001829202 · VP - Human Resources

10b5-1 filing: Not disclosed

Ownership: Indirect · ESSOP

Disclosed balance after: 8.5986

F1 · kind: Represents shares of Badger Meter stock accumulated during 2020 and early 2021 in the participant's 401k component of the ESSOP, including contributions and 401K match.

F2 · price: Year end stock price for Badger Meter Common Stock used to calculate the Company's match.

SEC source: 0001209191-21-005113 · doc4.xml · nonDerivative · entry 2

Wrocklage Robert · CIK 0001694589 · SVP-CFO

10b5-1 filing: Not disclosed

Ownership: Indirect · ESSOP

Disclosed balance after: 169.5145

F2 · kind: Represents shares of Badger Meter stock accumulated during 2020 and early 2021 in the participant's 401k component of the ESSOP, including contributions and 401K match.

F3 · price: Year end stock price for Badger Meter Common Stock used to calculate the Company's match.

SEC source: 0001209191-21-000489 · doc4.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,698.2

Underlying: BMI Common Stock · 175.42 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

F2 · kind: The phantom stock units were accrued in Mr. Adams' Badger Meter, Inc. Director Deferred Compensation Plan account as payment for his First Quarter 2021 retainer in the amount of $16,500. The phantom stock units were computed at $94.06, the 12/31/2020 closing price of the Company's stock, as required by the plan.

F2 · price: The phantom stock units were accrued in Mr. Adams' Badger Meter, Inc. Director Deferred Compensation Plan account as payment for his First Quarter 2021 retainer in the amount of $16,500. The phantom stock units were computed at $94.06, the 12/31/2020 closing price of the Company's stock, as required by the plan.

F1 · derivative.exercise_date: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

F1 · derivative.expiration_date: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

SEC source: 0001209191-21-000626 · doc4.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,903.27

Underlying: BMI Common Stock · 205.07 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

F2 · kind: Includes phantom stock units acquired through routine dividend equivalent payments on previously granted phantom stock units, which acquisitions are exempt under Rule 16a-11.

F1 · price: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

F1 · derivative.exercise_date: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

F1 · derivative.expiration_date: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

SEC source: 0001209191-21-005130 · doc4.xml · nonDerivative · entry 2

BERGUM WILLIAM R A · CIK 0001353821 · VP-Gen. Counsel and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,099

SEC source: 0001209191-20-063535 · doc4.xml · nonDerivative · entry 1

BERGUM WILLIAM R A · CIK 0001353821 · VP-Gen. Counsel and Secretary

10b5-1 filing: Not disclosed

Ownership: Indirect · ESSOP

Disclosed balance after: 10,913.461

F1 · kind: Mr. Bergum elected to make an intra-fund transfer out of the Badger Meter Stock Fund into other 401(k) investment options. The Badger Meter Stock Fund shares represented are the share equivalents of a unitized stock fund which utilizes units calculated using a ratio of cash held in the fund, number of shares in the fund and stock share price.

SEC source: 0001209191-20-062758 · doc4.xml · nonDerivative · entry 1

Begale Fred J · CIK 0001462630 · VP-Engineering

10b5-1 filing: Not disclosed

Ownership: Indirect · ESSOP

Disclosed balance after: 6,410.7558

F1 · kind: Mr. Begale elected to make an intra-fund transfer out of the Badger Meter Stock Fund into other 401(k) investment options. The Badger Meter Stock Fund shares represented are the share equivalents of a unitized stock fund which utilizes units calculated using a ratio of cash held in the fund, number of shares in the fund and stock share price.

SEC source: 0001209191-20-055497 · doc4.xml · derivative · entry 4

Begale Fred J · CIK 0001462630 · VP-Engineering

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: BMI Common Stock · 2,416 shares

Expires 2024-03-07

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · price: Stock Options are granted on a one-for-one basis.

SEC source: 0001209191-20-055497 · doc4.xml · nonDerivative · entry 2

Begale Fred J · CIK 0001462630 · VP-Engineering

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,750

F1 · price: The price in Column 4 is a weighted average price. Prices actually received ranged from $75.60 to $75.91. 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.

SEC source: 0001209191-20-055497 · doc4.xml · nonDerivative · entry 1

Begale Fred J · CIK 0001462630 · VP-Engineering

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,166

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-20-052765 · doc4.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,522.78

Underlying: BMI Common Stock · 244.76 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

F2 · kind: The phantom stock units were accrued in Mr. Adams' Badger Meter, Inc. Director Deferred Compensation Plan account as payment for the Q4 quarterly retainer in the amount of $16,000. The phantom stock units were computed at $65.37, the 9/30/2020 closing price of the Company's stock, as required by the plan.

F1 · derivative.exercise_date: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

F1 · derivative.expiration_date: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

SEC source: 0001209191-20-050325 · doc4.xml · derivative · entry 4

BERGUM WILLIAM R A · CIK 0001353821 · VP-Gen. Counsel and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: BMI Common Stock · 1,500 shares

Expires 2022-05-04

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · price: Stock Options are granted on a one-for-one basis.

SEC source: 0001209191-20-050325 · doc4.xml · nonDerivative · entry 3

BERGUM WILLIAM R A · CIK 0001353821 · VP-Gen. Counsel and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,149

F2 · price: The price in Column 4 is a weighted average price. Prices actually received ranged from $61.80 to $62.00. 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.

SEC source: 0001209191-20-050325 · doc4.xml · nonDerivative · entry 2

BERGUM WILLIAM R A · CIK 0001353821 · VP-Gen. Counsel and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,649

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-20-050325 · doc4.xml · nonDerivative · entry 1

BERGUM WILLIAM R A · CIK 0001353821 · VP-Gen. Counsel and Secretary

10b5-1 filing: Not disclosed

Ownership: Indirect · ESSOP

Disclosed balance after: 12,042.1474

F1 · kind: Mr. Bergum elected to make an intra-fund transfer out of the Badger Meter Stock Fund into other 401(k) investment options. The Badger Meter Stock Fund shares represented are share equivalents of a unitized stock fund which utilizes units calculated using a ratio of cash held in the fund, number of shares in the fund and stock share price.

SEC source: 0001209191-20-049853 · doc4.xml · nonDerivative · entry 1

Stoll Kimberly K · CIK 0001462632 · VP-Sales & Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,546.002

SEC source: 0001209191-20-044541 · doc4.xml · nonDerivative · entry 1

Begale Fred J · CIK 0001462630 · VP-Engineering

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,750

SEC source: 0001209191-20-040021 · doc4.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,278.02

Underlying: BMI Common Stock · 254.29 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

F2 · kind: The phantom stock units were accrued in Mr. Adams' Badger Meter, Inc. Director Deferred Compensation Plan account as payment for his Q3 quarterly retainer paid to non-employee directors in the amount of $16,000. The phantom stock units were computed at $62.92, the 6/30/2020 closing price of the Company's stock, as required by the plan.

F1 · derivative.exercise_date: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

F1 · derivative.expiration_date: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

SEC source: 0001209191-20-032168 · doc4.xml · nonDerivative · entry 1

Begale Fred J · CIK 0001462630 · VP-Engineering

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,250

SEC source: 0001209191-20-026032 · doc4.xml · nonDerivative · entry 1

LIONE GAIL A · CIK 0001243079 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,589

F1 · kind: Shares granted pursuant to the 2011 Omnibus Incentive Plan as approved by shareholders on April 29, 2011 and re-approved on April 29, 2016. 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 $58,000 as rounded down to the nearest whole share based on a 10-day average closing price of the Company's Common stock.

SEC source: 0001209191-20-026031 · doc4.xml · nonDerivative · entry 1

KLAPPA GALE E · CIK 0001195320 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,025

F1 · kind: Shares granted pursuant to the 2011 Omnibus Incentive Plan as approved by shareholders on April 29, 2011 and re-approved on April 29, 2016. 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 $58,000 as rounded down to the nearest whole share based on a 10-day average closing price of the Company's Common stock.

SEC source: 0001209191-20-026030 · doc4.xml · nonDerivative · entry 1

TELLOCK GLEN E · CIK 0001205092 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,679

F1 · kind: Shares granted pursuant to the 2011 Omnibus Incentive Plan as approved by shareholders on April 29, 2011 and re-approved on April 29, 2016. 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 $58,000 as rounded down to the nearest whole share based on a 10-day average closing price of the Company's Common stock.

SEC source: 0001209191-20-026029 · doc4.xml · derivative · entry 2

McGill James W · CIK 0001299345 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,789

Underlying: BMI Common Stock · 2,789 shares

Expires 2030-04-27

F3 · price: Stock Options are granted on a one-for-one basis.

F2 · derivative.exercise_date: Stock options granted pursuant to the 2011 Omnibus Incentive Plan as approved by shareholders on April 29, 2011 and re-approved on April 29, 2016. Non-employee directors are given a one-time stock option grant valued at $50,000 calculated by dividing $50,000 by the Black-Scholes value on the Friday following the annual meeting.

SEC source: 0001209191-20-026029 · doc4.xml · nonDerivative · entry 1

McGill James W · CIK 0001299345 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,021

F1 · kind: Shares granted pursuant to the 2011 Omnibus Incentive Plan as approved by shareholders on April 29, 2011 and re-approved on April 29, 2016. 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 $58,000 as rounded down to the nearest whole share based on a 10-day average closing price of the Company's Common stock.

SEC source: 0001209191-20-026026 · doc4.xml · nonDerivative · entry 1

Myers Tessa M. · CIK 0001769006 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,041

F1 · kind: Shares granted pursuant to the 2011 Omnibus Incentive Plan as approved by shareholders on April 29, 2011 and re-approved on April 29, 2016. 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 $58,000 as rounded down to the nearest whole share based on a 10-day average closing price of the Company's Common stock.

SEC source: 0001209191-20-026024 · doc4.xml · nonDerivative · entry 1

STERN JAMES F · CIK 0001399737 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,679

F1 · kind: Shares granted pursuant to the 2011 Omnibus Incentive Plan as approved by shareholders on April 29, 2011 and re-approved on April 29, 2016. 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 $58,000 as rounded down to the nearest whole share based on a 10-day average closing price of the Company's Common stock.

SEC source: 0001209191-20-026023 · doc4.xml · derivative · entry 2

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,023.73

Underlying: BMI Common Stock · 111.94 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

F3 · kind: The phantom stock units were accrued in Mr. Adams' Badger Meter, Inc. Director Deferred Compensation Plan account as payment for his Compensation Committee Chair Fee for 2020 in the amount of $6,000. The phantom stock units were computed at $53.60, the 3/31/2020 closing price of the Company's stock, as required by the plan.

F1 · derivative.exercise_date: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

F1 · derivative.expiration_date: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

SEC source: 0001209191-20-026023 · doc4.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,911.79

Underlying: BMI Common Stock · 1,021 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

F2 · kind: Shares granted pursuant to the 2011 Omnibus Incentive Plan as approved by shareholders on April 29, 2011 and re-approved on April 29, 2016. 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 $58,000 as rounded down to the nearest whole share based on a 10-day average closing price of the Company's Common stock.

F1 · derivative.exercise_date: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

F1 · derivative.expiration_date: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.