SEC Form 4/A · accession 0001209191-15-029153
BADGER METER INC · BMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Horst Gras
Officer — VP-International
Period of report
Mar 6, 2015
Accepted (ET)
Mar 25, 2015 · 3:09 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 StockF1 | Mar 6, 2015 | A | 656 | — | A | 2,868 | I | Restricted Stock |
| Common StockF2 | Mar 10, 2015 | S | 2,000 | $56.035 | D | 9,341 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF3 | $56.66 | Mar 6, 2015 | A | 1,208 | A | Mar 6, 2016 | Mar 6, 2025 | BMI Common Stock | 1,208 | 1,208 | D |
| Stock Options | $52.81 | holding | — | — | — | May 2, 2009 | May 2, 2018 | BMI Common Stock | 1,500 | 1,500 | D |
| Stock Options | $38.41 | holding | — | — | — | May 7, 2011 | May 7, 2020 | BMI Common Stock | 240 | 240 | D |
| Stock Options | $36.59 | holding | — | — | — | May 6, 2012 | May 6, 2021 | BMI Common Stock | 480 | 480 | D |
| Stock Options | $36.15 | holding | — | — | — | May 4, 2013 | May 4, 2022 | BMI Common Stock | 960 | 960 | D |
| Stock Options | $51.29 | holding | — | — | — | Mar 1, 2014 | Mar 1, 2023 | BMI Common Stock | 1,181 | 1,181 | D |
| Stock Options | $54.36 | holding | — | — | — | Mar 7, 2015 | Mar 7, 2024 | BMI Common Stock | 1,208 | 1,208 | D |
Explanation of responses
- F1The value of the award will be determined at the closing price on March 6, 2018, the date of vesting.
- F2The price in Column 4 is a weighted average price. The prices actually received ranged from $56 to $56.28. 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.
- F3Stock Options are granted on a one-for-one basis.
Remarks
Due to a clerical error, the Form 4 filed on March 10, 2015 reported the number of options awarded as 1115. The number of options issued was 1208.