TIM A. MAKOWSKI - 08 Aug 2022 Form 4 Insider Report for ADVANCED DRAINAGE SYSTEMS, INC. (WMS)

Role
Vice President, Controller and Chief Accounting Officer
Signature
/s/ Tim A. Makowski, by Scott A. Cottrill as attorney-in-fact
Issuer symbol
WMS
Transactions as of
08 Aug 2022
Net transactions value
-$740,778
Form type
4
Filing time
10 Aug 2022, 16:30:39 UTC
Previous filing
23 May 2022
Next filing
15 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMS Common Stock Sale $552,357 -3,884 -31% $142.21 8,826 08 Aug 2022 Direct F1
transaction WMS Common Stock Sale $159,654 -1,116 -13% $143.06 7,710 08 Aug 2022 Direct F2
transaction WMS Common Stock Sale $28,766 -200 -2.6% $143.83 7,510 08 Aug 2022 Direct F3
holding WMS Common Stock 17,480 08 Aug 2022 By KSOP F4
* 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 $141.71 to $142.68, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $142.72 to $143.58, 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 (2) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $143.77 to $143.90, 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 (3) to this Form 4.
F4 Represents current allocation under KSOP.

Remarks:

Vice President, Controller and Chief Accounting Officer