SEC Form 4 · accession 0001209191-16-149553
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
Nov 10, 2016
Accepted (ET)
Nov 14, 2016 · 9:51 am 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,F2 | Nov 10, 2016 | S | 5,000 | $34.519 | D | 180,384 | D | |
| Common StockF3 | holding | — | — | — | 4,826 | I | ESSOP | |
| Common StockF3 | holding | — | — | — | 9,398 | 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 OptionsF4 | $18.295 | holding | — | — | — | May 6, 2012 | May 6, 2021 | BMI Common Stock | 2,000 | 2,000 | D |
| Stock OptionsF4 | $18.075 | holding | — | — | — | May 4, 2013 | May 4, 2022 | BMI Common Stock | 6,000 | 6,000 | D |
| Stock OptionsF4 | $25.645 | holding | — | — | — | Mar 1, 2014 | Mar 1, 2023 | BMI Common Stock | 3,780 | 3,780 | D |
| Stock OptionsF4 | $27.18 | holding | — | — | — | Mar 7, 2015 | Mar 7, 2024 | BMI Common Stock | 5,262 | 5,262 | D |
| Stock OptionsF4 | $28.33 | holding | — | — | — | Mar 6, 2016 | Mar 6, 2025 | BMI Common Stock | 6,498 | 6,498 | D |
| Stock OptionsF4 | $33.975 | holding | — | — | — | Mar 4, 2017 | Mar 4, 2026 | BMI Common Stock | 5,552 | 5,552 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually received ranged from $34.50 to $34.70. 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 amount shown reflects the number of shares held following the reported transaction, as adjusted for a 2-for-1 stock split effectuated by the issuer on September 15, 2016.
- F3The amount shown reflects the number of shares held, adjusted for a 2-for-1 stock split effectuated by the issuer on September 15, 2016.
- F4The stock option grant price and number of stock options has been adjusted to reflect a 2-for-1 stock split effectuated by the issuer on September 15, 2016.