Brian W. King - Dec 15, 2023 Form 4 Insider Report for ADVANCED DRAINAGE SYSTEMS, INC. (WMS)

Signature
/s/ Brian W. King , by Scott A. Cottrill as attorney-in-fact
Stock symbol
WMS
Transactions as of
Dec 15, 2023
Transactions value $
-$160,573
Form type
4
Date filed
12/18/2023, 04:01 PM
Previous filing
Sep 11, 2023
Next filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMS Common Stock Options Exercise $103K +1.87K +17.79% $54.95 12.4K Dec 15, 2023 Direct
transaction WMS Common Stock Sale -$263K -1.87K -15.1% $140.86 10.5K Dec 15, 2023 Direct
holding WMS Common Stock 1.76K Dec 15, 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 -1.87K -50% $0.00 1.87K Dec 15, 2023 Common Stock 1.87K $54.95 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 September 7, 2021.