Robert M. Klein - Nov 9, 2022 Form 4 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
Nov 9, 2022
Transactions value $
-$2,795,474
Form type
4
Date filed
11/10/2022, 05:36 PM
Previous filing
Aug 18, 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 Sale -$1.05M -12.6K -9.49% $83.03 120K Nov 9, 2022 Direct F1, F2
transaction WMS Common Stock Sale -$1.75M -21.3K -17.71% $82.36 98.8K Nov 9, 2022 Direct F3
holding WMS Common Stock 0.858 Nov 9, 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 $82.51 to $83.52, 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 Includes 21,252 shares previously held through the KSOP which were distributed to the reporting person on October 28, 2022 and are now owned directly.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.16 to $82.61, 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.