DARIN S. HARVEY - 12 Aug 2022 Form 4 Insider Report for ADVANCED DRAINAGE SYSTEMS, INC. (WMS)

Role
EVP, Supply Chain & Logistics
Signature
/s/ Darin S. Harvey, by Scott A. Cottrill as attorney-in-fact
Issuer symbol
WMS
Transactions as of
12 Aug 2022
Net transactions value
-$720,299
Form type
4
Filing time
16 Aug 2022, 16:05:29 UTC
Previous filing
08 Jun 2022
Next filing
02 Dec 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 Options Exercise $58,191 +2,079 +45% $27.99* 6,679 12 Aug 2022 Direct
transaction WMS Common Stock Options Exercise $107,181 +3,906 +58% $27.44* 10,585 12 Aug 2022 Direct
transaction WMS Common Stock Sale $885,670 -5,985 -57% $147.98 4,600 12 Aug 2022 Direct F1
holding WMS Common Stock 15,242 12 Aug 2022 By KSOP F2

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 -2,079 -100% $0.000000* 0 12 Aug 2022 Common Stock 2,079 $27.99 Direct F3
transaction WMS Option to Purchase Common Stock Options Exercise $0 -3,906 -100% $0.000000* 0 12 Aug 2022 Common Stock 3,906 $27.44 Direct 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 $147.72 to $148.27, 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 Represents current allocation under KSOP.
F3 The options vested in three equal annual installments beginning on October 14, 2019.
F4 The options vested in three equal annual installments beginning on May 21, 2020.