X0306 4 2015-03-02 0 0000009092 BADGER METER INC BMI 0000904668 DIX RONALD H 4545 W BROWN DEER ROAD P.O. BOX 245036 MILWAUKEE WI 53224-9536 1 0 0 1 Retired Officer Common Stock 2015-03-02 4 M 0 1500 18.325 A 36200 D Common Stock 2015-03-02 4 M 0 2000 31.41 A 38200 D Common Stock 2015-03-02 4 S 0 6500 59.007 D 31700 D Common Stock 88500 D Phantom Stock Units 0.00 2014-12-17 4 J 0 45.3879 A 1988-08-08 1988-08-08 BMI Common Stock 45.3879 3518.3729 D Stock Options 31.41 2015-03-02 4 M 0 2000 D 2007-05-05 2016-05-05 BMI Common Stock 2000 1600 D Stock Options 18.325 2015-03-02 4 M 0 1500 D 2006-05-09 2015-05-09 BMI Common Stock 1500 0 D Stock Options 24.94 2008-05-04 2017-05-04 BMI Common Stock 3600 3600 D The price in Column 4 is a weighted average price. The prices actually received ranged from $59.00 to $59.10. 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. Phantom stock units accrued during 2014 as interest. Stock Options are granted on a one-for-one basis. Ronald H.Dix 2015-03-04