February 13, 2025 · Form 4 insider transaction
BERGUM WILLIAM R A bought 936 shares of Badger Meter, Inc., a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
On March 4, 2022, the Reporting Person was granted Performance Stock Units ("PSUs"), the amount of which was subject to the achievement of certain performance criteria for the 2022-2024 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 13, 2025. The earned value of these shares is now subject to vesting, which will occur on March 4, 2025.; PSUs convert into common stock on a one-for-one basis.; Represents the number of shares of common stock issued upon the vesting of PSUs granted on March 4, 2022 for the 2022-2024 performance period, based on the third anniversary of the grant date subject to both performance achievement approval and continued employment through such date.