| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | WMS | Common Stock | Gift | $0 | -4.31K | -8.5% | $0.00 | 46.3K | Mar 13, 2024 | Reporting Person's Revocable Trust | F1, F2, F3 |
| transaction | WMS | Common Stock | Gift | $0 | +4.31K | +4.6% | $0.00 | 97.8K | Mar 13, 2024 | Reporting Person's Irrevocable Trust | F1, F4 |
| transaction | WMS | Common Stock | Gift | $0 | -4.31K | -30.75% | $0.00 | 9.7K | Mar 13, 2024 | Spouse's Revocable Trust | F5, F6 |
| transaction | WMS | Common Stock | Gift | $0 | +4.31K | +7% | $0.00 | 65.8K | Mar 13, 2024 | Spouse's Irrevocable Trust | F5, F7 |
| holding | WMS | Common Stock | 22.8K | Mar 13, 2024 | Direct | ||||||
| holding | WMS | Common Stock | 49.3K | Mar 13, 2024 | Reporting Person's GRAT | F2, F8 | |||||
| holding | WMS | Common Stock | 16.9K | Mar 13, 2024 | By KSOP | F9 |
| Id | Content |
|---|---|
| F1 | On March 13, 2024, the reporting person contributed 4,305 shares of common stock of Advanced Drainage Systems, Inc. ("ADS") to an irrevocable trust for the benefit of the reporting person and his children. |
| F2 | On December 13, 2023, the reporting person transferred 49,261 shares of common stock of ADS from his revocable trust for the benefit of the reporting person to a Grantor Retained Annuity Trust ("GRAT") of which the reporting person is trustee, which transfer is exempt under Rule 16a-13. |
| F3 | Shares held in revocable trust for the benefit of the reporting person. |
| F4 | Shares held in irrevocable spousal access trust established by the reporting person, of which the reporting person's spouse is a co-trustee. The beneficiaries of the irrevocable trust are the reporting person and his children. |
| F5 | On March 13, 2024, the reporting person transferred 4,305 shares of common stock of ADS to an irrevocable spousal access trust established by the reporting person's spouse for the benefit the reporting person's spouse and his children. |
| F6 | Shares held in revocable trust for the benefit of the reporting person's spouse. |
| F7 | Shares held in irrevocable spousal access trust established by the reporting person's spouse, of which the reporting person is a co-trustee. The beneficiaries of the irerrevocable trust include the reporting person's spouse and his children. |
| F8 | Shares held in a GRAT of which the reporting person is trustee. |
| F9 | Represents current allocation under KSOP. |
President & Chief Executive Officer