BRIAN W. KING - 09 Aug 2022 Form 4 Insider Report for ADVANCED DRAINAGE SYSTEMS, INC. (WMS)

Role
Executive Vice President
Signature
/s/ Brian W. King, by Scott A. Cottrill as attorney-in-fact
Issuer symbol
WMS
Transactions as of
09 Aug 2022
Net transactions value
-$160,876
Form type
4
Filing time
11 Aug 2022, 17:35:13 UTC
Previous filing
23 May 2022
Next filing
19 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMS Common Stock Options Exercise $102,756 +1,870 +52% $54.95 5,453 09 Aug 2022 Direct
transaction WMS Common Stock Sale $263,633 -1,870 -34% $140.98 3,583 09 Aug 2022 Direct
holding WMS Common Stock 1,748 09 Aug 2022 By KSOP F1

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 Options Exercise $0 -1,870 -33% $0.000000 3,738 09 Aug 2022 Common Stock 1,870 $54.95 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents current allocation under KSOP.
F2 The options vest in three equal annual installments beginning on September 7, 2021, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date.