TIM A. MAKOWSKI - 06 Dec 2023 Form 4 Insider Report for ADVANCED DRAINAGE SYSTEMS, INC. (WMS)

Role
Vice President, Controller and Chief Accounting Officer
Signature
/s/ Tim A. Makowski, by Scott A. Cottrill as attorney-in-fact
Issuer symbol
WMS
Transactions as of
06 Dec 2023
Net transactions value
-$199,946
Form type
4
Filing time
08 Dec 2023, 16:01:05 UTC
Previous filing
14 Sep 2023
Next filing
16 Feb 2024
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 $51,500 +2,000 +33% $25.75* 8,147 06 Dec 2023 Direct
transaction WMS Common Stock Sale $251,446 -2,000 -25% $125.72 6,147 06 Dec 2023 Direct
holding WMS Common Stock 17,560 06 Dec 2023 By KSOP F1

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 -2,000 -42% $0.000000 2,802 06 Dec 2023 Common Stock 2,000 $25.75 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents current allocation under KSOP.
F2 The options vested in three equal annual installments beginning on May 23, 2019.

Remarks:

Vice President, Controller and Chief Accounting Officer