ADVANCED DRAINAGE SYSTEMS, INC. — Director's Dealing 2019

Nov 14, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADVANCED DRAINAGE SYSTEMS, INC. (WMS)
CIK: 0001604028
Period of Report: 2019-11-12

Reporting Person: VITARELLI RONALD R (EVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-12	Common Stock	M	12000	$13.64	Acquired	45387	Direct
2019-11-12	Common Stock	S	12000	$38.50	Disposed	33387	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-12	Option to Purshase Common Stock	$13.64	M	12000	Disposed	2023-03-31	Common Stock (12000)	Direct

Footnotes

F1: Reflects the exercise by the Reporting Person of stock options (right to buy) previously granted by the Issuer.

F2: The option vested in five equal annual installments beginning on September 1, 2014.