Tim A. Makowski - 18 May 2022 Form 4/A - Amendment Insider Report for ADVANCED DRAINAGE SYSTEMS, INC. (WMS)

Signature
/s/ Tim A. Makowski, by Scott A. Cottrill as attorney-in-fact
Issuer symbol
WMS
Transactions as of
18 May 2022
Net transactions value
-$239,298
Form type
4/A - Amendment
Filing time
23 May 2022, 21:13:29 UTC
Date Of Original Report
20 May 2022
Previous filing
25 Aug 2021
Next filing
10 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMS Common Stock Award $0 +1,032 +7.3% $0.000000 15,102 18 May 2022 Direct F1, F2
transaction WMS Common Stock Tax liability $192,027 -1,934 -13% $99.29 13,168 18 May 2022 Direct F3
transaction WMS Common Stock Tax liability $10,227 -103 -0.78% $99.29 13,065 18 May 2022 Direct F4
transaction WMS Common Stock Tax liability $11,738 -113 -0.86% $103.88 12,952 19 May 2022 Direct
transaction WMS Common Stock Tax liability $8,310 -80 -0.62% $103.88 12,872 19 May 2022 Direct
transaction WMS Common Stock Tax liability $16,995 -162 -1.3% $104.91 12,710 22 May 2022 Direct

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 Award $0 +2,416 +4166% $0.000000 2,474 18 May 2022 Common Stock 2,474 $99.29 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Incorrectly reported on Form 4 as 1,008.
F2 Incorrectly reported on Form 4 as 15,078.
F3 Incorrectly reported on Form 4 as 13,144.
F4 Incorrectly reported on Form 4 as 13,041.
F5 Incorrectly reported on Form 4 as 2,416.
F6 The options vest in three equal annual installments beginning on May 17, 2023, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date.

Remarks:

Vice President, Controller and Chief Accounting Officer