SEC Form 4 · accession 0001209191-19-016806
BADGER METER INC · BMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel R Weltzien
Officer — VP-Controller
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 5:45 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 | 423 | $0.00 | A | 423 | D | |
| Common Stock | Mar 1, 2019 | A | 415 | $0.00 | A | 838 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF3 | $59.85 | Mar 1, 2019 | A | 1,401 | A | Mar 1, 2020 | Mar 1, 2029 | BMI Common Stock | 1,401 | 1,401 | 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.
- F2Restricted stock granted March 1, 2019 to reporting person under the 2011 Omnibus Incentive Plan. One-third of the grant will vest on March 1, 2020, 2021 and 2022, respectively.
- F3Grant 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.