D. Scott Barbour - Mar 31, 2022 Form 5 Insider Report for ADVANCED DRAINAGE SYSTEMS, INC. (WMS)

Role
President and Chief Executive, Director
Signature
/s/ D. Scott Barbour
Stock symbol
WMS
Transactions as of
Mar 31, 2022
Transactions value $
$0
Form type
5
Date filed
5/13/2022, 04:31 PM
Previous filing
May 25, 2021
Next filing
May 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMS Common Stock Gift $0 -90.9K -50.38% $0.00 89.6K Oct 21, 2021 Direct F1
transaction WMS Common Stock Gift $0 -60K -67.01% $0.00 29.5K Oct 21, 2021 Direct F2
transaction WMS Common Stock Gift $0 -82K -90.19% $0.00 8.92K Oct 29, 2021 Reporting Person's Revocable Trust F3
transaction WMS Common Stock Gift $0 -50K -83.33% $0.00 10K Nov 3, 2021 Spouse's Revocable Trust F4
holding WMS Common Stock 90.9K Mar 31, 2022 Reporting Person's Revocable Trust
holding WMS Common Stock 60K Mar 31, 2022 Spouse's Revocable Trust
holding WMS Common Stock 82K Mar 31, 2022 Reporting Person's Irrevocable Trust
holding WMS Common Stock 50K Mar 31, 2022 Spouse's Irrevocable Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 21, 2021, the reporting person contributed 90,920 shares of common stock of Advanced Drainage Systems, Inc. ("ADS") to a revocable trust for the benefit of the reporting person.
F2 On October 21, 2021, the reporting person contributed 60,000 shares of ADS common stock to a revocable trust for the benefit of the reporting person's spouse.
F3 On October 29, 2021 the revocable trust for the benefit of the reporting person contributed 82,000 shares of ADS common stock to an irrevocable spousal access trust established by the reporting person, of which the reporting person's spouse is a co-trustee. The beneficiaries of the irrevocable trust are the reporting person and his children.
F4 On November 3, 2021, the revocable trust for the benefit of the reporting person's spouse contributed 50,000 shares of ADS common stock to an irrevocable spousal access trust established by the reporting person's spouse, of which the reporting person is a co-trustee. The beneficiaries of the irerrevocable trust include the reporting person's spouse and his children.