Brian W. King - Aug 9, 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
Stock symbol
WMS
Transactions as of
Aug 9, 2022
Transactions value $
-$160,876
Form type
4
Date filed
8/11/2022, 05:35 PM
Previous filing
May 23, 2022
Next filing
May 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMS Common Stock Options Exercise $103K +1.87K +52.19% $54.95 5.45K Aug 9, 2022 Direct
transaction WMS Common Stock Sale -$264K -1.87K -34.29% $140.98 3.58K Aug 9, 2022 Direct
holding WMS Common Stock 1.75K Aug 9, 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 -1.87K -33.35% $0.00 3.74K Aug 9, 2022 Common Stock 1.87K $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.