SEC Form 4 · accession 0001209191-16-105110
BADGER METER INC · BMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard E Johnson
Officer — Sr. VP-Finance, Treas & CFO
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 1:30 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 StockF2 | Mar 1, 2016 | J | 2,000 | $66.71 | A | 92,692 | D | |
| Common StockF2 | Mar 1, 2016 | J | 2,000 | — | D | 3,566 | I | Restricted Stock |
| Common Stock | holding | — | — | — | 2,413 | 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 Options | $36.59 | holding | — | — | — | May 6, 2012 | May 6, 2021 | BMI Common Stock | 1,000 | 1,000 | D |
| Stock Options | $36.15 | holding | — | — | — | May 4, 2013 | May 4, 2022 | BMI Common Stock | 3,000 | 3,000 | D |
| Stock Options | $51.29 | holding | — | — | — | Mar 1, 2014 | Mar 1, 2023 | BMI Common Stock | 1,890 | 1,890 | D |
| Stock Options | $54.36 | holding | — | — | — | Mar 7, 2015 | Mar 7, 2024 | BMI Common Stock | 2,631 | 2,631 | D |
| Stock Options | $56.66 | holding | — | — | — | Mar 6, 2016 | Mar 6, 2025 | BMI Common Stock | 3,249 | 3,249 | D |
Explanation of responses
- F1Restricted Stock granted 3/1/2013, pursuant to the Company's 2011 Omnibus Incentive Plan approved by shareholders 4/29/2011, vested after a three-year holding period. The shares vested at the closing price on 3/1/2016 and were transferred to direct ownership.
- F2Price of Badger Meter, Inc. Common Stock on 3/1/2016, the date of vesting, was $66.71/share.