Robert M. Klein - 17 May 2023 Form 4 Insider Report for ADVANCED DRAINAGE SYSTEMS, INC. (WMS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
19 May 2023, 20:51:24 UTC
Prior SEC filing
10 Nov 2022
Next SEC filing
22 May 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Robert M. Klein, by Kevin C. Talley as attorney-in-fact

Key filing fact

Robert M. Klein filed Form 4 for ADVANCED DRAINAGE SYSTEMS, INC. (WMS) on 19 May 2023.

Key facts

  • This page summarizes Robert M. Klein's Form 4 filing for ADVANCED DRAINAGE SYSTEMS, INC. (WMS).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 19 May 2023, 20:51.

Change

  • Previous filing in this sequence was filed on 10 Nov 2022.
  • Current net transaction value: -$221,409.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WMS transaction

Common Stock

Award

Transaction value
$0
Shares
+10,265
Change %
+10%
Price
$0.000000
Shares after
109,040
Date
17 May 2023
Ownership
Direct
Footnotes
F1
WMS transaction

Common Stock

Tax liability

Transaction value
$218,660
Shares
-2,466
Change %
-2.3%
Price
$88.67
Shares after
106,574
Date
17 May 2023
Ownership
Direct
Footnotes
F2
WMS transaction

Common Stock

Tax liability

Transaction value
$2,749
Shares
-31
Change %
-0.03%
Price
$88.67
Shares after
106,543
Date
17 May 2023
Ownership
Direct
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Reflects grant of performance-based units, originally granted pursuant to the Issuer's 2017 Omnibus Incentive Plan, earned after the Issuer determined that certain performance goals for the performance period ended March 31, 2023 had been met. Total includes dividend equivalents in the amount of 127 shares, which dividend equivalents are settled in common stock.

Footnote F2

Represents shares withheld to satisfy Reporting Person's tax obligations in connection with the vesting of shares of restricted common stock of the Issuer.

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