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

Signature
/s/ Kevin C. Talley, by Scott A. Cottrill as attorney-in-fact
Issuer symbol
WMS
Transactions as of
18 May 2022
Net transactions value
-$538,401
Form type
4/A - Amendment
Filing time
23 May 2022, 21:15:44 UTC
Date Of Original Report
20 May 2022
Previous filing
10 Nov 2021
Next filing
16 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMS Common Stock Award $0 +1,599 +3.5% $0.000000 46,924 18 May 2022 Direct F1, F2
transaction WMS Common Stock Tax liability $403,614 -4,065 -8.7% $99.29 42,859 18 May 2022 Direct F3
transaction WMS Common Stock Tax liability $29,390 -296 -0.69% $99.29 42,563 18 May 2022 Direct F4
transaction WMS Common Stock Tax liability $39,890 -384 -0.9% $103.88 42,179 19 May 2022 Direct
transaction WMS Common Stock Tax liability $16,725 -161 -0.38% $103.88 42,018 19 May 2022 Direct
transaction WMS Common Stock Tax liability $48,783 -465 -1.1% $104.91 41,553 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 +3,835 $0.000000 3,835 18 May 2022 Common Stock 3,835 $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 1,562.
F2 Incorrectly reported on Form 4 as 46,887.
F3 Incorrectly reported on Form 4 as 42,822.
F4 Incorrectly reported on Form 4 as 42,526.
F5 Incorrectly reported on Form 4 as 3,744.
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.