STOLLENWERK JOHN J 4
4 · BADGER METER INC · Filed Jan 5, 2012
Insider Transaction Report
Form 4
STOLLENWERK JOHN J
Director
Transactions
- Other
Phantom Stock Units
2012-01-01$29.43/sh+229.358$6,750→ 24,425.661 totalExercise: $0.00From: 1988-08-08Exp: 1988-08-08→ BMI Common Stock (229.358 underlying)
Holdings
- 69,786
Common Stock
- 10,164(indirect: By Trust)
Common Stock
- 6,400
Stock Options
Exercise: $7.00From: 2004-05-02Exp: 2013-05-02→ BMI Common Stock (6,400 underlying)
Footnotes (3)
- [F1]The phantom stock units were accrued in Mr. Stollenwerk's Badger Meter, Inc. Director Deferred Compensation Plan account as payment for the first quarter retainer paid to non-employee directors in the amount of $6,750. The phantom units are computed at the 12/31/11 closing price of the Company's stock.
- [F2]Price of Badger Meter, Inc. Common Stock at 12/31/2011.
- [F3]When a director chooses to exit the Director Deferred Compensation Plan all proceeds are paid out in cash.