Scott A. Cottrill - 30 May 2024 Form 4 Insider Report for ADVANCED DRAINAGE SYSTEMS, INC. (WMS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Jun 2024, 16:13:15 UTC
Prior SEC filing
24 May 2024
Next SEC filing
16 May 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Scott A. Cottrill

Key filing fact

Scott A. Cottrill filed Form 4 for ADVANCED DRAINAGE SYSTEMS, INC. (WMS) on 03 Jun 2024.

Key facts

  • This page summarizes Scott A. Cottrill's Form 4 filing for ADVANCED DRAINAGE SYSTEMS, INC. (WMS).
  • 5 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 03 Jun 2024, 16:13.

Change

  • Previous filing in this sequence was filed on 24 May 2024.
  • Current net transaction value: -$10,901,020.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WMS transaction

Common Stock

Options Exercise

Transaction value
$711,432
Shares
+29,398
Change %
+32%
Price
$24.20
Shares after
120,840
Date
30 May 2024
Ownership
Direct
WMS transaction

Common Stock

Options Exercise

Transaction value
$1,060,178
Shares
+43,809
Change %
+36%
Price
$24.20
Shares after
164,649
Date
30 May 2024
Ownership
Direct
WMS transaction

Common Stock

Sale

Transaction value
$12,672,630
Shares
-73,207
Change %
-44%
Price
$173.11
Shares after
91,442
Date
30 May 2024
Ownership
Direct
Footnotes
F1
WMS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
17,470
Date
30 May 2024
Ownership
By KSOP
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

WMS transaction Derivative

Option to Purchase Common Stock

Options Exercise

Transaction value
$0
Shares
-29,398
Change %
-100%
Price
$0.000000*
Shares after
0
Date
30 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
29,398
Exercise price
$24.20
Footnotes
F3
WMS transaction Derivative

Option to Purchase Common Stock

Options Exercise

Transaction value
$0
Shares
-43,809
Change %
-100%
Price
$0.000000*
Shares after
0
Date
30 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
43,809
Exercise price
$24.20
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.56 to $173.49, 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.

Footnote F2

Represents current allocation under KSOP.

Footnote F3

The options vested in five equal annual installments beginning on November 9, 2016, provided that the Reporting Person remained continuously employed by the Issuer through each applicable vesting date.

Footnote F4

The options vested in three equal annual installments beginning on February 8, 2018, provided that the Reporting Person remained continuously employed by the Issuer through each applicable vesting date.

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