DARIN S. HARVEY - 05 Jun 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
Issuer symbol: WMS
Transactions as of: 05 Jun 2023
Net transactions value: -$718,550
Form type: 4
Filing time: 07 Jun 2023, 16:43:26 UTC
Previous filing: 23 May 2023
Next filing: 09 Aug 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	Sale	$718,550	-7,000	-58%	$102.65	5,171	05 Jun 2023	Direct	F1
holding	WMS	Common Stock						15,237	05 Jun 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.