BADGER METER INC 4
4 · BADGER METER INC · Filed May 4, 2016
Insider Transaction Report
Form 4
SMITH STEVEN J
Director
Transactions
- Award
Common Stock
2016-05-02$71.62/sh+753$53,930→ 28,673 total
Footnotes (2)
- [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]Ten-day average closing price of Badger Meter, Inc. Common Stock at 5/2/2016, the date of grant.