BADGER METER INC

Ticker: BMI CUSIP: 056525108 Class: EQTY

BRIDGEWAY CAPITAL MANAGEMENT, LLC's Holding History (CIK: 0001107261)

Note: Option positions (PUT/CALL) are excluded.

Q4 2016

Shares 7,600 Value ($000) $281 Avg Close $32.11 Range $26.91 - $36.08

Q3 2016

Shares 6,300 Value ($000) $211 Avg Close $31.66 Range $29.30 - $34.60

Q2 2016

Shares 3,150 Value ($000) $230 Avg Close $32.67 Range $28.96 - $35.93

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	7,600	$281	$32.11	$26.91 - $36.08
Q3 2016	6,300	$211	$31.66	$29.30 - $34.60
Q2 2016	3,150	$230	$32.67	$28.96 - $35.93