Thomas J. Waun Sr. - Feb 27, 2024 Form 4 Insider Report for ADVANCED DRAINAGE SYSTEMS, INC. (WMS)

Role
EVP, International
Signature
/s/ Thomas J. Waun, Sr., by Scott A. Cottrill as attorney-in-fact
Stock symbol
WMS
Transactions as of
Feb 27, 2024
Transactions value $
-$176,250
Form type
4
Date filed
2/29/2024, 04:01 PM
Previous filing
Jun 16, 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 $70.3K +1.5K +15.44% $46.89 11.2K Feb 27, 2024 Direct F1
transaction WMS Common Stock Sale -$247K -1.5K -13.38% $164.39 9.71K Feb 27, 2024 Direct F1
holding WMS Common Stock 2.05K Feb 27, 2024 By KSOP F2

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 -1.5K -27.21% $0.00 4.01K Feb 27, 2024 Common Stock 1.5K $46.89 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 125 shares of common acquired under the Advanced Drainage Systems, Inc. Employee Stock Purchase Plan, exempt under Rule 16b-3(c).
F2 Represents current allocation under KSOP.
F3 The options vested in three equal installments beginning on June 14, 2021.