Darin S. Harvey - Nov 30, 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
Stock symbol
WMS
Transactions as of
Nov 30, 2022
Transactions value $
-$120,878
Form type
4
Date filed
12/2/2022, 03:05 PM
Previous filing
Aug 16, 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 $97.5K +2.32K +50.52% $41.97 6.92K Nov 30, 2022 Direct F1
transaction WMS Common Stock Sale -$160K -1.71K -24.7% $93.41 5.21K Nov 30, 2022 Direct
transaction WMS Common Stock Sale -$58.7K -614 -11.78% $95.59 4.6K Dec 2, 2022 Direct
holding WMS Common Stock 15.2K Nov 30, 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 -2.32K -50.01% $0.00 2.32K Nov 30, 2022 Common Stock 2.32K $41.97 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the exercise by the Reporting Person of stock options (right to buy) previously granted by the Issuer.
F2 Represents current allocation under KSOP.
F3 The options vest in three equal annual installments beginning on May 19, 2021, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date.