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

Role: EVP, Sales
Signature: /s/ Robert M. Klein, by Scott A. Cottrill as attorney-in-fact
Stock symbol: WMS
Transactions as of: May 18, 2022
Transactions value $: -$568,485
Form type: 4/A - Amendment
Date filed: 5/23/2022, 09:20 PM
Date Of Original Report: May 20, 2022
Previous filing: Dec 22, 2021
Next filing: Aug 18, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WMS	Common Stock	Award	$0	+1.29K	+0.94%	$0.00	138K	May 18, 2022	Direct	F1, F2
transaction	WMS	Common Stock	Tax liability	-$437K	-4.4K	-3.19%	$99.29	133K	May 18, 2022	Direct	F3
transaction	WMS	Common Stock	Tax liability	-$31.2K	-314	-0.24%	$99.29	133K	May 18, 2022	Direct	F4
transaction	WMS	Common Stock	Tax liability	-$34.6K	-333	-0.25%	$103.88	133K	May 19, 2022	Direct
transaction	WMS	Common Stock	Tax liability	-$13.8K	-133	-0.1%	$103.88	133K	May 19, 2022	Direct
transaction	WMS	Common Stock	Tax liability	-$51.8K	-494	-0.37%	$104.91	132K	May 22, 2022	Direct

Showing 1 to 6 of 6 entries

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	+3.09K		$0.00	3.09K	May 18, 2022	Common Stock	3.09K	$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 1,259.
F2	Incorrectly reported on Form 4 as 137,775.
F3	Incorrectly reported on Form 4 as 133,373.
F4	Incorrectly reported on Form 4 as 133,059.
F5	Incorrectly reported on Form 4 as 3,020.
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.