POLICANO ANDREW J 4
4 · BADGER METER INC · Filed Sep 7, 2017
Insider Transaction Report
Form 4
POLICANO ANDREW J
Director
Transactions
- Sale
Common Stock
2017-09-05$45.64/sh−8,000$365,125→ 24,560.606 total
Holdings
- 1,082.326
Phantom Stock Units
→ BMI Common Stock (1,082.326 underlying)
Footnotes (2)
- [F1]The price in Column 4 is a weighted average price. The prices actually received ranged from $45.55 to $45.725. 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.
- [F2]Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.