ADAMS TODD A.

SEC source: 0001439288-18-000064 · wf-form4_152771534343827.xml · derivative · entry 10

ADAMS TODD A. · CIK 0001525211 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 90,802

Underlying: Common Stock · 90,802 shares

Expires 2018-05-25

F4 · derivative.exercise_date: The original option vests in three annual installments beginning on the date listed above.

SEC source: 0001439288-18-000064 · wf-form4_152771534343827.xml · nonDerivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 201,012

F1 · price: Restricted stock unit grant, which vests in three annual installments beginning on the first anniversary of the grant date, assuming continued employment.

SEC source: 0001437749-18-010385 · rdgdoc.xml · nonDerivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,455

F1 · shares: On May 16, 2018, the reporting person made a charitable gift of 9,000 shares of Common Stock.

SEC source: 0001437749-18-009031 · rdgdoc.xml · nonDerivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,455

SEC source: 0001209191-18-027045 · doc4.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,428.942

Underlying: BMI Common Stock · 1,261 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 $54,000 as rounded down to the nearest whole share based on a 10-day average closing price of the Company's Common stock. Mr. Adams received phantom stock units accrued in the Director Deferred Compensation 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: 0001209191-18-026538 · doc4.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,167.942

Underlying: BMI Common Stock · 74.231 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 board meeting fee for April 27, 2018 in the amount of $3,500. The phantom stock units were computed at $47.15, the 3/29/2018 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: 0001209191-18-025140 · doc4.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,093.711

Underlying: BMI Common Stock · 25.451 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 2018 Quarter 2 audit committee meeting paid to non-employee directors in the amount of $1,200. The phantom stock units were computed at $47.15, the 3/29/18 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: 0001209191-18-022855 · doc4.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,068.26

Underlying: BMI Common Stock · 201.485 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 2018 Quarter 2 retainer paid to non-employee directors in the amount of $9,500. The phantom stock units were computed at $47.15, the 3/29/2018 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: 0001439288-18-000008 · wf-form4_151942720554031.xml · derivative · entry 5

ADAMS TODD A. · CIK 0001525211 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 89,914 shares

Expires 2018-06-24

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 · derivative.exercise_date: Option fully vested.

SEC source: 0001439288-18-000008 · wf-form4_151942720554031.xml · nonDerivative · entry 2

ADAMS TODD A. · CIK 0001525211 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 167,719

F1 · shares: Shares were withheld to satisfy tax withholding obligations in connection with the option exercise.

SEC source: 0001439288-18-000008 · wf-form4_151942720554031.xml · nonDerivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 225,627

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: 0001437749-18-002884 · rdgdoc.xml · derivative · entry 2

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 481

Underlying: Common Stock · 481 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Stock Unit represents the right to receive one share of Common Stock upon separation from service pursuant to the terms of the Generac Deferred Stock Unit Plan for Non-Employee Directors, effective on April 1, 2017 ("Deferred Stock Plan").

F2 · derivative.exercise_date: Following separation of service pursuant to the Deferred Stock Plan.

F2 · derivative.expiration_date: Following separation of service pursuant to the Deferred Stock Plan.

SEC source: 0001437749-18-002884 · rdgdoc.xml · nonDerivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,557

SEC source: 0001437749-18-009015 · rdgdoc.xml · nonDerivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,390

F1 · shares: Each Deferred Stock Unit represents the right to receive one share of Common Stock upon separation from service pursuant to the terms of the Generac Deferred Stock Unit Plan for Non-Employee Directors, effective on April 1, 2017 ("Deferred Stock Plan").

F2 · balance_after: Based on the terms of the Deferred Stock Plan this number is being amended to reflect all Deferred Stock Units owned by the Reporting Person, which were reported in Table II as derivative securities on previous Form 4 filings.

SEC source: 0001209191-18-008727 · doc4.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,866.775

Underlying: BMI Common Stock · 73.222 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 February 9, 2018 board of directors meeting fees paid to non-employee directors in the amount of $3,500. The phantom stock units were computed at $47.80, the 12/29/2017 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: 0001209191-18-007312 · doc4.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,793.553

Underlying: BMI Common Stock · 25.105 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 February 2, 2018 audit committee meeting fees paid to non-employee directors in the amount of $1,200. The phantom stock units were computed at $47.80, the 12/29/2017 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: 0001209191-18-001747 · doc4.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,768.448

Underlying: BMI Common Stock · 198.745 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 2018 Quarter 1 retainer paid to non-employee directors in the amount of $9,500. The phantom stock units were computed at $47.80, the 12/29/2017 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.

F3 · balance_after: Includes phantom stock units acquired through routine dividend equivalent payments on previously granted phantom stock units, which acquisitions are exempt under Rule 16a-11."

SEC source: 0001209191-17-060199 · doc4.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,549.007

Underlying: BMI Common Stock · 71.429 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 board meeting fee for November 10, 2017 in the amount of $3,500. The phantom stock units were computed at $49, the 9/29/2017 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: 0001437749-17-018565 · rdgdoc.xml · nonDerivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,076

SEC source: 0001209191-17-057139 · doc4.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,477.578

Underlying: BMI Common Stock · 24.49 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 2017 Quarter 4 audit committee meeting paid to non-employee directors in the amount of $1,200. The phantom stock units were computed at $49.00, the 9/29/2017 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: 0001209191-17-054870 · doc4.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,453.088

Underlying: BMI Common Stock · 193.878 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 2017 Quarter 4 retainer paid to non-employee directors in the amount of $9,500. The phantom stock units were computed at $49.00, the 9/29/2017 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: 0001209191-17-048739 · doc4.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,259.21

Underlying: BMI Common Stock · 87.829 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 2017 Quarter 3 board meeting fees paid to non-employee directors in the amount of $3,500. The phantom stock units were computed at $39.85, the 6/30/2017 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: 0001437749-17-014120 · rdgdoc.xml · nonDerivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,140

SEC source: 0001209191-17-045790 · doc4.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,171.381

Underlying: BMI Common Stock · 30.113 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 2017 Quarter 3 audit committee meeting paid to non-employee directors in the amount of $1,200. The phantom stock units were computed at $39.85, the 6/30/2017 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: 0001209191-17-043889 · doc4.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,141.268

Underlying: BMI Common Stock · 263.488 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 2017 Quarter 3 retainer paid to non-employee directors in the amount of $10,500. The phantom stock units were computed at $39.85, the 6/30/2017 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: 0001439288-17-000038 · wf-form4_149555183265963.xml · derivative · entry 10

ADAMS TODD A. · CIK 0001525211 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 216,050

Underlying: Common Stock · 216,050 shares

Expires 2027-05-19

F3 · derivative.exercise_date: The original option vests in three annual installments beginning on the date listed above.

SEC source: 0001209191-17-030781 · doc4.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,627

Underlying: BMI Common Stock · 2,627 shares

Expires 2027-05-05

F1 · kind: 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.

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

SEC source: 0001209191-19-008939 · doc4.xml · derivative · entry 2

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,627

Underlying: BMI Common Stock · 2,627 shares

Expires 2027-05-05

SEC source: 0001209191-20-052765 · doc4.xml · derivative · entry 2

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,627

Underlying: BMI Common Stock · 2,627 shares

Expires 2027-05-05

SEC source: 0001209191-21-000626 · doc4.xml · derivative · entry 2

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,627

Underlying: BMI Common Stock · 2,627 shares

Expires 2027-05-05

SEC source: 0001209191-17-029488 · doc4.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,877.78

Underlying: BMI Common Stock · 1,377 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, based on the plan choices, 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 $54,000 as rounded down to the nearest whole share based on a 10-day average closing price of the Company's Common stock.

F3 · price: Price reflects the closing price of Badger Meter, Inc. Common Stock at 5/1/2017, the date of grant.

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, based on the plan choices, 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, based on the plan choices, upon the reporting person's termination of service as a director.

SEC source: 0001437749-17-007867 · rdgdoc.xml · derivative · entry 2

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,833

Underlying: Common Stock · 2,833 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Stock Unit represents the right to receive one share of Common Stock upon separation from service pursuant to the terms of the Generac Deferred Stock Unit Plan for Non-Employee Directors, effective on April 1, 2017 ("Deferred Stock Plan").

F2 · derivative.exercise_date: Following separation of service pursuant to the Deferred Stock Plan.

F2 · derivative.expiration_date: Following separation of service pursuant to the Deferred Stock Plan.

SEC source: 0001437749-17-007867 · rdgdoc.xml · nonDerivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,516

SEC source: 0001209191-17-028838 · doc4.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 500.78

Underlying: BMI Common Stock · 81.63 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 board meeting fee for April 28, 2017 in the amount of $3,000. The phantom stock units were computed at $36.75, the 3/31/2017 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: 0001439288-17-000026 · wf-form4_149211714970423.xml · derivative · entry 5

ADAMS TODD A. · CIK 0001525211 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 55,138 shares

Expires 2017-04-19

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.

F1 · kind: The transactions were executed pursuant to a Rule 10b5-1 plan.

F1 · shares: The transactions were executed pursuant to a Rule 10b5-1 plan.

F4 · derivative.exercise_date: Option fully vested.

SEC source: 0001439288-17-000026 · wf-form4_149211714970423.xml · nonDerivative · entry 2

ADAMS TODD A. · CIK 0001525211 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 135,713

F1 · kind: The transactions were executed pursuant to a Rule 10b5-1 plan.

F1 · shares: The transactions were executed pursuant to a Rule 10b5-1 plan.

F2 · price: This transaction was executed in multiple trades at prices ranging from $22.675 to $23.30. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.

SEC source: 0001439288-17-000026 · wf-form4_149211714970423.xml · nonDerivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 168,713

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.

F1 · kind: The transactions were executed pursuant to a Rule 10b5-1 plan.

F1 · shares: The transactions were executed pursuant to a Rule 10b5-1 plan.

SEC source: 0001209191-17-024426 · doc4.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 419.15

Underlying: BMI Common Stock · 217.69 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 2017 Quarter 2 retainer paid to non-employee directors in the amount of $8,000. The phantom stock units were computed at $36.75, the 3/31/2017 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: 0001439288-17-000020 · wf-form4_148978195388285.xml · derivative · entry 5

ADAMS TODD A. · CIK 0001525211 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 55,138

Underlying: Common Stock · 55,000 shares

Expires 2017-04-19

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.

F1 · kind: The transactions were executed pursuant to a Rule 10b5-1 plan.

F1 · shares: The transactions were executed pursuant to a Rule 10b5-1 plan.

F4 · derivative.exercise_date: Option fully vested.

SEC source: 0001439288-17-000020 · wf-form4_148978195388285.xml · nonDerivative · entry 2

ADAMS TODD A. · CIK 0001525211 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 113,575

F1 · kind: The transactions were executed pursuant to a Rule 10b5-1 plan.

F1 · shares: The transactions were executed pursuant to a Rule 10b5-1 plan.

F2 · price: This transaction was executed in multiple trades at prices ranging from $23.41 to $23.925. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.

SEC source: 0001439288-17-000020 · wf-form4_148978195388285.xml · nonDerivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 146,275

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.

F1 · kind: The transactions were executed pursuant to a Rule 10b5-1 plan.

F1 · shares: The transactions were executed pursuant to a Rule 10b5-1 plan.

SEC source: 0001437749-17-002878 · rdgdoc.xml · nonDerivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,843

SEC source: 0001439288-17-000016 · wf-form4_148728255273316.xml · derivative · entry 5

ADAMS TODD A. · CIK 0001525211 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 110,138

Underlying: Common Stock · 55,000 shares

Expires 2017-04-19

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.

F1 · kind: The transactions were executed pursuant to a Rule 10b5-1 plan.

F1 · shares: The transactions were executed pursuant to a Rule 10b5-1 plan.

F4 · derivative.exercise_date: Option fully vested.

SEC source: 0001439288-17-000016 · wf-form4_148728255273316.xml · nonDerivative · entry 2

ADAMS TODD A. · CIK 0001525211 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 91,275

F1 · kind: The transactions were executed pursuant to a Rule 10b5-1 plan.

F1 · shares: The transactions were executed pursuant to a Rule 10b5-1 plan.

F2 · price: This transaction was executed in multiple trades at prices ranging from $22.22 to $22.411. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.

SEC source: 0001439288-17-000016 · wf-form4_148728255273316.xml · nonDerivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 124,200

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.

F1 · kind: The transactions were executed pursuant to a Rule 10b5-1 plan.

F1 · shares: The transactions were executed pursuant to a Rule 10b5-1 plan.

SEC source: 0001209191-17-010369 · doc4.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 201.46

Underlying: BMI Common Stock · 201.46 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 or common stock, at the election of the reporting person, 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 prorated payment for his first quarterly retainer paid to non-employee directors in the amount of $4,444, and the board meeting fee for February 10, 2017 in the amount of $3,000. The phantom stock units were computed at $36.95, the 12/31/2016 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 or common stock, at the election of the reporting person, 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 or common stock, at the election of the reporting person, upon the reporting person's termination of service as a director.

SEC source: 0001437749-16-041632 · rdgdoc.xml · nonDerivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,468