Darin S. Harvey - Jun 5, 2023 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: Jun 5, 2023
Transactions value $: -$718,550
Form type: 4
Date filed: 6/7/2023, 04:43 PM
Previous filing: May 23, 2023
Next filing: Aug 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WMS	Common Stock	Sale	-$719K	-7K	-57.51%	$102.65	5.17K	Jun 5, 2023	Direct	F1
holding	WMS	Common Stock						15.2K	Jun 5, 2023	By KSOP	F2

* 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 $102.28 to $102.86, 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.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.28 to $102.86, 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.

Represents current allocation under KSOP.