February 6, 2024 · Form 4 insider transaction
BERGUM WILLIAM R A bought 930 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 30 days after the transaction.
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.; 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 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.