SEC Form 4 · accession 0001209191-15-037058
BADGER METER INC · BMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew J Policano
Director
Period of report
Apr 27, 2015
Accepted (ET)
Apr 29, 2015 · 5:12 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 StockF2 | Apr 27, 2015 | A | 779 | $64.17 | A | 20,826 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF3 | $0.00 | Dec 31, 2013 | J | 8 | A | Aug 8, 1988 | Aug 8, 1988 | BMI Common Stock | 8 | 520 | D |
| Phantom Stock UnitsF4 | $0.00 | Dec 17, 2014 | J | 7 | A | Aug 8, 1988 | Aug 8, 1988 | BMI Common Stock | 7 | 527 | D |
Explanation of responses
- F1Shares granted pursuant to the 2011 Omnibus Incentive Plan as approved by shareholders on April 29, 2011. 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 $50,000 as rounded down to the nearest whole share based on the closing price of the Company's Common Stock on that day.
- F2Closing price of Badger Meter, Inc. Common Stock at 4/27/2015, the date of grant.
- F3Phantom stock units accrued during 2013 as interest.
- F4Phantom stock units accrued during 2014 as interest.