ADVANCED DRAINAGE SYSTEMS, INC. — Director's Dealing 2023

Dec 18, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADVANCED DRAINAGE SYSTEMS, INC. (WMS)
CIK: 0001604028
Period of Report: 2023-12-15

Reporting Person: KING BRIAN W. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-12-15	Common Stock	M	1869	$54.95	Acquired	12377	Direct
2023-12-15	Common Stock	S	1869	$140.864	Disposed	10508	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-12-15	Option to Purchase Common Stock	$54.95	M	1869	Disposed	2030-09-07	Common Stock (1869)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1755.9511	Indirect

Footnotes

F1: Represents current allocation under KSOP.

F2: The options vested in three equal annual installments beginning on September 7, 2021.