DARIN S. HARVEY - 30 Nov 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
30 Nov 2022
Net transactions value
-$120,878
Form type
4
Filing time
02 Dec 2022, 15:05:23 UTC
Previous filing
16 Aug 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 $97,538 +2,324 +51% $41.97 6,924 30 Nov 2022 Direct F1
transaction WMS Common Stock Sale $159,726 -1,710 -25% $93.41 5,214 30 Nov 2022 Direct
transaction WMS Common Stock Sale $58,690 -614 -12% $95.59 4,600 02 Dec 2022 Direct
holding WMS Common Stock 15,241 30 Nov 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 -2,324 -50% $0.000000 2,323 30 Nov 2022 Common Stock 2,324 $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.