SEC Form 4 · accession 0001209191-16-117239
BADGER METER INC · BMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald H Dix
Director · Other
Period of report
May 2, 2016
Accepted (ET)
May 4, 2016 · 12:42 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 Stock | holding | — | — | — | 87,500 | D | ||
| Common Stock | holding | — | — | — | 26,300 | 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 UnitsF2 | $0.00 | May 2, 2016 | A | 753 | A | Aug 8, 1988 | Aug 8, 1988 | BMI Common Stock | 753 | 5,104 | D |
| Stock Options | $24.94 | holding | — | — | — | May 4, 2008 | May 4, 2017 | BMI Common Stock | 2,000 | 2,000 | D |
Explanation of responses
- F1The phantom stock units were accrued in Mr. Dix's Badger Meter, Inc. Director Deferred Compensation Plan account as payment for the annual director's stock grant made on May 2, 2016 for the value of $54,000 rounded down to the nearest whole share. The units were calculated based on a 10-day average closing price of the company stock.
- F2Ten-day average closing price of Badger Meter, Inc. Common Stock at 5/2/2016, the date of grant.