Darin S. Harvey - 19 Feb 2025 Form 4 Insider Report for ADVANCED DRAINAGE SYSTEMS, INC. (WMS)

Signature
/s/ Darin S. Harvey, by Scott A. Cottrill as attorney-in-fact
Issuer symbol
WMS
Transactions as of
19 Feb 2025
Net transactions value
-$164,393
Form type
4
Filing time
21 Feb 2025, 16:05:03 UTC
Previous filing
24 May 2024
Next filing
16 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMS Common Stock Sale $122,000 -976 -24% $125.00 3,069 19 Feb 2025 Direct F1
transaction WMS Common Stock Options Exercise $143,607 +1,488 +48% $96.51 4,557 19 Feb 2025 Direct
transaction WMS Common Stock Sale $186,000 -1,488 -33% $125.00 3,069 19 Feb 2025 Direct
holding WMS Common Stock 15,233 19 Feb 2025 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 -1,488 -33% $0.000000 2,975 19 Feb 2025 Common Stock 1,488 $96.51 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 174 shares of common stock 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 vest in three equal annual installments beginning on May 21, 2024, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date.