BADGER METER INC 4
4 · BADGER METER INC · Filed May 3, 2017
Insider Transaction Report
Form 4
LIONE GAIL A
Director
Transactions
- Award
Common Stock
2017-05-01$39.50/sh+1,377$54,392→ 13,287 total
Holdings
- 12,000
Stock Options
Exercise: $18.07From: 2013-05-04Exp: 2022-05-04→ BMI Common Stock (12,000 underlying)
Footnotes (4)
- [F1]Shares granted pursuant to the 2011 Omnibus Incentive Plan as approved by shareholders on April 29, 2011 and re-approved on April 29, 2016. Non-employee directors are given an annual grant of Badger Meter Common Stock on the first business day following the Company's annual meeting. This year's grant is equal to $54,000 as rounded down to the nearest whole share based on a 10-day average closing price of the Company's Common stock.
- [F2]Price reflects the closing price of Badger Meter, Inc. Common Stock at 5/1/2017, the date of grant.
- [F3]The 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.
- [F4]The 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.