SEC Form 4 · accession 0001209191-19-016793
BADGER METER INC · BMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Bockhorst
Officer — President & CEO · Director
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 5:42 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 1, 2019 | A | 4,637 | $0.00 | A | 22,184 | D | |
| Common Stock | holding | — | — | — | 108 | 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 | $59.85 | Mar 1, 2019 | A | 15,329 | A | Mar 1, 2020 | Mar 1, 2029 | BMI Common Stock | 15,329 | 15,329 | D |
| Stock Options | $48.20 | holding | — | — | — | Mar 2, 2019 | Mar 2, 2028 | BMI Common Stock | 10,540 | 10,540 | D |
Explanation of responses
- F1Restricted stock granted March 1, 2019 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 1, 2020, 2021, 2022, 2023 and 2024, respectively.