ADVANCED DRAINAGE SYSTEMS, INC. — Director's Dealing 2022

May 21, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADVANCED DRAINAGE SYSTEMS, INC. (WMS)
CIK: 0001604028
Period of Report: 2022-05-18

Reporting Person: KING BRIAN W. (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-05-18	Common Stock	A	1134	$0.00	Acquired	3556	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-05-18	Option to Purchase Common Stock	$99.29	A	2718	Acquired	2032-05-17	Common Stock (2718)	Direct

Footnotes

F1: The options vest in three equal annual installments beginning on May 17, 2023, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date.