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ADVANCED DRAINAGE SYSTEMS, INC. Director's Dealing 2022

Sep 14, 2022

30558_dirs_2022-09-14_66bce038-22a5-45b7-b81a-9942edbd5f33.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADVANCED DRAINAGE SYSTEMS, INC. (WMS)
CIK: 0001604028
Period of Report: 2022-09-13

Reporting Person: BARBOUR D. SCOTT (Director, President and Chief Executive)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-09-13 Common Stock G 2500 $0.00 Disposed 75146 Indirect
2022-09-13 Common Stock G 2500 $0.00 Acquired 84500 Indirect
2022-09-13 Common Stock G 2500 $0.00 Disposed 7500 Indirect
2022-09-13 Common Stock G 2500 $0.00 Acquired 52500 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 22668 Direct

Footnotes

F1: On September 13, 2022, the revocable trust for the benefit of the reporting person contributed 2,500 shares of common stock of Advanced Drainage Systems, Inc. ("ADS") to an 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.

F2: Shares held in revocable trust for the benefit of the reporting person.

F3: 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.

F4: On September 13, 2022, the revocable trust for the benefit of the reporting person's spouse contributed 2,500 shares of common stock of ADS to an 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.

F5: Shares held in revocable trust for the benefit of the reporting person's spouse.

F6: 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.