Michael G. Huebert - Mar 6, 2024 Form 4 Insider Report for ADVANCED DRAINAGE SYSTEMS, INC. (WMS)

Signature
/s/ Michael G. Huebert, by Scott A. Cottrill as attorney-in-fact
Stock symbol
WMS
Transactions as of
Mar 6, 2024
Transactions value $
-$1,635,209
Form type
4
Date filed
3/8/2024, 04:01 PM
Previous filing
Dec 18, 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 Sale -$1.64M -10K -42.64% $163.52 13.5K Mar 6, 2024 Direct F1, F2
holding WMS Common Stock 28.8K Mar 6, 2024 By KSOP F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $162.42 to $164.625, inclusive. The reporting person undertakes to provide to Advanced Drainage Systems, Inc., any security holder of Advanced Drainage Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2 Includes 125 shares of common stock acquired under the Advanced Drainag Systems, Inc. Employee Stock Purchase Plan, exempt under Rule 16b-3(c).
F3 Represents current allocation under KSOP.