TIM A. MAKOWSKI - 14 May 2025 Form 4 Insider Report for ADVANCED DRAINAGE SYSTEMS, INC. (WMS)

Role
Vice President, Controller and Chief Accounting Officer
Signature
/s/ Tim A. Makowski, by Scott A. Cottrill as attorney-in-fact
Issuer symbol
WMS
Transactions as of
14 May 2025
Net transactions value
-$113,771
Form type
4
Filing time
16 May 2025, 16:05:32 UTC
Previous filing
03 Jun 2024
Next filing
21 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
MAKOWSKI TIM A Vice President, Controller and Chief Accounting Officer C/O ADVANCED DRAINAGE SYSTEMS, INC., 4640 TRUEMAN BOULEVARD, HILLIARD /s/ Tim A. Makowski, by Scott A. Cottrill as attorney-in-fact 16 May 2025 0001672236

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMS Common Stock Award $0 +3,080 +68% $0.000000 7,610 14 May 2025 Direct F1
transaction WMS Common Stock Tax liability $112,067 -921 -12% $121.68 6,689 14 May 2025 Direct F2
transaction WMS Common Stock Tax liability $1,704 -14 -0.21% $121.68 6,675 14 May 2025 Direct F2
holding WMS Common Stock 17,557 14 May 2025 By KSOP F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects grant of performance-based units, originally granted pursuant to the Issuer's 2017 Omnibus Incentive Plan, earned after the Issuer determined that certain performance goals for the performance period ended March 31, 2025 had been met. Total includes dividend equivalents in the amount of 46 shares, which dividend equivalents are settled in common stock.
F2 Represents shares withheld to satisfy Reporting Person's tax obligations in connection with the vesting of shares of restricted common stock of the Issuer.
F3 Represents current allocation under KSOP.

Remarks:

Vice President, Controller and Chief Accounting Officer