X0306 4 2015-05-04 0 0000009092 BADGER METER INC BMI 0001081639 MEEUSEN RICHARD A 4545 W BROWN DEER ROAD P.O. BOX 245036 MILWAUKEE WI 53224-9536 1 1 0 0 Chairman, President & CEO Common Stock 2015-05-04 4 J 0 8800 63.01 A 116056 D Common Stock 2015-05-05 4 S 0 8800 62.5445 D 107256 D Common Stock 2015-05-04 4 J 0 8800 D 20190 I Restricted Stock Common Stock 4060.4051 I ESSOP Stock Options 31.41 2007-05-05 2016-05-05 BMI Common Stock 5400 5400 D Stock Options 52.81 2009-05-02 2018-05-02 BMI Common Stock 4800 4800 D Stock Options 38.69 2010-05-01 2019-05-01 BMI Common Stock 9000 9000 D Stock Options 38.41 2011-05-07 2020-05-07 BMI Common Stock 10200 10200 D Stock Options 36.59 2012-05-06 2021-05-06 BMI Common Stock 13300 13300 D Stock Options 36.15 2013-05-04 2022-05-04 BMI Common Stock 18800 18800 D Stock Options 51.29 2014-03-01 2023-03-01 BMI Common Stock 11367 11367 D Stock Options 54.36 2015-03-07 2024-03-07 BMI Common Stock 11812 11812 D Stock Options 56.66 2016-03-06 2025-03-06 BMI Common Stock 12088 12088 D Restricted Stock granted 5/4/2012, pursuant to the Company's 2011 Omnibus Incentive Plan approved by shareholders 4/29/2011, vested after a three-year holding period. The shares vested at the closing price on 5/4/2015 and were transferred to direct ownership. Price of Badger Meter, Inc. Common Stock on 5/4/2015, the date of vesting, was $63.01/share. The price in Column 4 is a weighted average price. The shares of common stock were sold in multiple block transactions at prices ranging from $62.35 to $62.69 per share, inclusive. 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 in the block transactions at each price within the range. Richard A. Meeusen 2015-05-06