Tim A. Makowski - Dec 6, 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
Stock symbol
WMS
Transactions as of
Dec 6, 2023
Transactions value $
-$199,946
Form type
4
Date filed
12/8/2023, 04:01 PM
Previous filing
Sep 14, 2023
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMS Common Stock Options Exercise $51.5K +2K +32.54% $25.75* 8.15K Dec 6, 2023 Direct
transaction WMS Common Stock Sale -$251K -2K -24.55% $125.72 6.15K Dec 6, 2023 Direct
holding WMS Common Stock 17.6K Dec 6, 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 -2K -41.65% $0.00 2.8K Dec 6, 2023 Common Stock 2K $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