SEC Form 4 · accession 0001209191-18-017144
BADGER METER INC · BMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raymond G Serdynski
Officer — VP-Manufacturing
Period of report
Mar 2, 2018
Accepted (ET)
Mar 6, 2018 · 2:31 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 | Mar 2, 2018 | A | 610 | $0.00 | A | 8,471 | D | |
| Common Stock | holding | — | — | — | 22,394 | 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 OptionsF2 | $48.20 | Mar 2, 2018 | A | 1,621 | A | Mar 2, 2019 | Mar 2, 2028 | BMI Common Stock | 1,621 | 1,621 | D |
| Stock Options | $25.645 | holding | — | — | — | Mar 1, 2014 | Mar 1, 2023 | BMI Common Stock | 2,362 | 2,362 | D |
| Stock Options | $19.345 | holding | — | — | — | May 1, 2010 | May 1, 2019 | BMI Common Stock | 6,000 | 6,000 | D |
| Stock Options | $19.205 | holding | — | — | — | May 7, 2011 | May 7, 2020 | BMI Common Stock | 2,400 | 2,400 | D |
| Stock Options | $18.295 | holding | — | — | — | May 6, 2012 | May 6, 2021 | BMI Common Stock | 2,400 | 2,400 | D |
| Stock Options | $18.075 | holding | — | — | — | May 4, 2013 | May 4, 2022 | BMI Common Stock | 3,200 | 3,200 | D |
| Stock Options | $27.18 | holding | — | — | — | Mar 7, 2015 | Mar 7, 2024 | BMI Common Stock | 2,416 | 2,416 | D |
| Stock Options | $28.33 | holding | — | — | — | Mar 6, 2016 | Mar 6, 2025 | BMI Common Stock | 2,416 | 2,416 | D |
| Stock Options | $33.975 | holding | — | — | — | Mar 4, 2017 | Mar 4, 2026 | BMI Common Stock | 2,064 | 2,064 | D |
| Stock Options | $36.45 | holding | — | — | — | Mar 3, 2018 | Mar 3, 2027 | BMI Common Stock | 1,981 | 1,981 | D |
Explanation of responses
- F1Restricted stock granted March 2, 2018 to reporting person under the 2011 Omnibus Incentive Plan. The restricted stock vests 100% on the third anniversary of the date of grant.
- F2Grant to reporting person of option to buy shares under the 2011 Omnibus Incentive Plan. This option vests and becomes exercisable in 20% increments on March 2, 2019, 2020, 2021, 2022 and 2023, respectively.