0000950170-24-028209.txt : 20240307 0000950170-24-028209.hdr.sgml : 20240307 20240307183023 ACCESSION NUMBER: 0000950170-24-028209 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240206 FILED AS OF DATE: 20240307 DATE AS OF CHANGE: 20240307 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Weltzien Daniel R CENTRAL INDEX KEY: 0001762224 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-06706 FILM NUMBER: 24731817 MAIL ADDRESS: STREET 1: 4545 W BROWN DEER ROAD, P.O BOX 245036 CITY: MILWAUKEE STATE: WI ZIP: 53224 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BADGER METER INC CENTRAL INDEX KEY: 0000009092 STANDARD INDUSTRIAL CLASSIFICATION: TOTALIZING FLUID METERS & COUNTING DEVICES [3824] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 390143280 STATE OF INCORPORATION: WI FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4545 WEST BROWN DEER ROAD CITY: MILWAUKEE STATE: WI ZIP: 53223 BUSINESS PHONE: 4143715702 MAIL ADDRESS: STREET 1: 4545 W BROWN DEER RD CITY: MILWAUKEE STATE: WI ZIP: 53223 FORMER COMPANY: FORMER CONFORMED NAME: BADGER METER MANUFACTURING CO DATE OF NAME CHANGE: 19710729 4 1 ownership.xml 4 X0508 4 2024-02-06 0000009092 BADGER METER INC BMI 0001762224 Weltzien Daniel R 4545 W. BROWN DEER ROAD MILWAUKEE WI 53223 false true false false VP-Controller false Common Stock 2024-02-06 4 A false 818 A 4351 D Common Stock 2024-03-06 4 F false 384 162.92 D 3967 D On March 5, 2021, the Reporting Person was granted Performance Stock Units ("PSUs"), the amount of which was subject to the achievement of certain performance criteria for the 2021-2023 performance period. The shares reported represent the number of PSUs that were earned as a result of the achievement of such performance criteria and approved by the Compensation and Human Resources Committee of the Board on February 6, 2024. The shares were inadvertently not reported at the time of achievement approval. Represents the number of shares of common stock issued upon the vesting of PSUs granted on March 5, 2021 for the 2021-2023 performance period, based on the third anniversary of the grant date subject to both performance achievement approval and continued employment through such date. PSUs convert into common stock on a one-for-one basis The price in Column 4 is a weighted average price. Prices actually received ranged from $162.25 to $164.00. 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 for all transactions reported in this Form 4. /s/ William R.A. Bergum, Attorney-in-Fact for Daniel R. Weltzien 2024-03-07