X0306 4 2015-03-11 0 0000009092 BADGER METER INC BMI 0001462630 Begale Fred J 4545 W BROWN DEER ROAD MILWAUKEE WI 53223 0 1 0 0 VP-Engineering Common Stock 2015-03-11 4 I 0 406.8256 A 2278.9407 I ESSOP Common Stock 2015-03-12 4 I 0 157.5631 A 2436.5038 I ESSOP Common Stock 1336 D Common Stock 2868 I Restricted Stock Stock Options 38.69 2010-05-01 2019-05-01 BMI Common Stock 6000 6000 D Stock Options 38.41 2011-05-07 2020-05-07 BMI Common Stock 240 240 D Stock Options 36.59 2012-05-06 2021-05-06 BMI Common Stock 800 800 D Stock Options 36.15 2013-05-04 2022-05-04 BMI Common Stock 960 960 D Stock Options 51.29 2014-03-01 2023-03-01 BMI Common Stock 1181 1181 D Stock Options 54.36 2015-03-07 2024-03-07 BMI Common Stock 1208 1208 D Stock Options 56.66 2016-03-06 2025-03-06 BMI Common Stock 1115 1115 D Fred J. Begale elected to make an intra-fund transfer from other 401(k) investment options into the Badger Meter Stock Fund. The Badger Meter Stock Fund shares represented on this transaction include the transfer, and shares purchased year-to-date through payroll withholding. Payroll withholding shares are typically reported annually. The Badger Meter Stock Fund shares are based on units calculated using a ratio of cash held in the fund, number of shares in the fund and stock price. The actual shares purchased were 325.4783 at a price of $56.57. Fred J. Begale elected to make an intra-fund transfer from other 401(k) investment options into the Badger Meter Stock Fund. The Badger Meter Stock Fund shares represented in this transaction are based on units calculated using a ratio of cash held in the fund, number of shares in the fund and stock price. The actual shares purchased were 160.4033 at a price of $57.34. Fred J. Begale 2015-03-13