SEC Form 4 · accession 0001209191-15-083112
BADGER METER INC · BMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William R A Bergum
Officer — VP-Gen. Counsel and Secretary
Period of report
Dec 1, 2015
Accepted (ET)
Dec 3, 2015 · 12:55 pm EST
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 | Dec 1, 2015 | M | 1,000 | $38.69 | A | 4,800 | D | |
| Common Stock | Dec 1, 2015 | M | 1,000 | $38.41 | A | 5,800 | D | |
| Common StockF1 | Dec 1, 2015 | S | 1,100 | $60.5082 | D | 4,700 | D | |
| Common StockF2 | Dec 2, 2015 | S | 900 | $60.0058 | D | 3,800 | D | |
| Common Stock | holding | — | — | — | 2,068 | I | Restricted Stock | |
| Common Stock | holding | — | — | — | 5,757 | I | ESSOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF3 | $38.69 | Dec 1, 2015 | M | 1,000 | D | May 1, 2010 | May 1, 2019 | BMI Common Stock | 1,000 | 0 | D |
| Stock OptionsF3 | $38.41 | Dec 1, 2015 | M | 1,000 | D | May 7, 2011 | May 7, 2020 | BMI Common Stock | 1,000 | 200 | D |
| Stock Options | $52.81 | holding | — | — | — | May 2, 2009 | May 2, 2018 | BMI Common Stock | 1,500 | 1,500 | D |
| Stock Options | $36.59 | holding | — | — | — | May 6, 2012 | May 6, 2021 | BMI Common Stock | 1,200 | 1,200 | D |
| Stock Options | $36.15 | holding | — | — | — | May 4, 2013 | May 4, 2022 | BMI Common Stock | 1,600 | 1,600 | 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 |
| Stock Options | $56.66 | holding | — | — | — | Mar 6, 2016 | Mar 6, 2025 | BMI Common Stock | 1,208 | 1,208 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually received ranged from $60.50 to $60.52. 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 $60 to $60.03. 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.