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

Role
Executive Vice President
Signature
/s/ Brian W. King , by Scott A. Cottrill as attorney-in-fact
Issuer symbol
WMS
Transactions as of
15 Dec 2023
Net transactions value
-$160,573
Form type
4
Filing time
18 Dec 2023, 16:01:08 UTC
Previous filing
11 Sep 2023
Next filing
17 May 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 $102,702 +1,869 +18% $54.95 12,377 15 Dec 2023 Direct
transaction WMS Common Stock Sale $263,275 -1,869 -15% $140.86 10,508 15 Dec 2023 Direct
holding WMS Common Stock 1,756 15 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 -1,869 -50% $0.000000 1,869 15 Dec 2023 Common Stock 1,869 $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.