SEC Form 4 · accession 0001209191-15-086342
BADGER METER INC · BMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Fred J Begale
Officer — VP-Engineering
Period of report
Dec 14, 2015
Accepted (ET)
Dec 21, 2015 · 2:39 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 StockF1 | Dec 14, 2015 | I | 404 | — | A | 2,840 | I | ESSOP |
| Common Stock | holding | — | — | — | 1,336 | D | ||
| Common Stock | holding | — | — | — | 2,068 | I | Restricted Stock |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options | $38.69 | holding | — | — | — | May 1, 2010 | May 1, 2019 | BMI Common Stock | 3,500 | 3,500 | D |
| Stock Options | $36.59 | holding | — | — | — | May 6, 2012 | May 6, 2021 | BMI Common Stock | 400 | 400 | D |
| Stock Options | $36.15 | holding | — | — | — | May 4, 2013 | May 4, 2022 | BMI Common Stock | 640 | 640 | 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
- F1Fred J. Begale elected to make an intra-fund transfer from other 401(k) investment options into the Badger Meter Stock Fund. The amount transferred was $15,802.87. The Badger Meter Stock Fund shares represented on this transaction include the transfer and shares purchased year-to-date through payroll withholding. Payroll withholding shares are typically reported annually. The Badger Meter Stock Fund shares are based on units calculated using a ratio of cash held in the fund, number of shares in the fund and stock price. The price of Badger Meter stock on December 14, 2015 was $58.55.