SEC Form 4 · accession 0001140361-18-033708
BADGER METER INC · BMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd J Teske
Director
Period of report
Jul 25, 2018
Accepted (ET)
Jul 26, 2018 · 6:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000009092
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 25, 2018 | M | 12,000 | $19.205 | A | 28,984 | D | |
| Common StockF1 | Jul 25, 2018 | S | 11,900 | $51.1424 | D | 17,084 | D | |
| Common StockF2 | Jul 25, 2018 | S | 100 | $51.97 | D | 16,984 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options | $19.205 | Jul 25, 2018 | M | 12,000 | D | May 7, 2011 | May 7, 2020 | BMI Common Stock | 12,000 | 0 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually received ranged from $50.90 to $51.80. 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.
- F2The price in Column 4 is a weighted average price. The prices actually received ranged from $51.85 to $51.98. 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.