Kevin C. Talley - Sep 14, 2021 Form 4 Insider Report for ADVANCED DRAINAGE SYSTEMS, INC. (WMS)

Role
EVP and CAO
Signature
/s/ Kevin C. Talley
Stock symbol
WMS
Transactions as of
Sep 14, 2021
Transactions value $
-$1,064,683
Form type
4
Date filed
9/16/2021, 05:00 PM
Previous filing
May 21, 2021
Next filing
Nov 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMS Common Stock Options Exercise $146K +10.7K +33.06% $13.64* 43.1K Sep 14, 2021 Direct
transaction WMS Common Stock Sale -$1.21M -10.7K -24.85% $113.12 32.4K Sep 14, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WMS Option to Purchase Common Stock Options Exercise $0 -10.7K -9.1% $0.00 107K Sep 14, 2021 Common Stock 10.7K $13.64 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.00 to $113.35, inclusive. The reporting person undertakes to provide to Advanced Drainage Systems, Inc., any security holder of Advanced Drainage Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2 The option vested in five equal annual installments beginning on September 1, 2014.