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ADVANCED DRAINAGE SYSTEMS, INC. — Director's Dealing 2024
May 23, 2024
30558_dirs_2024-05-23_cf903f6b-bd3c-42b1-b7ee-e5d025217eba.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: 2024-05-21
Reporting Person: HARVEY DARIN S. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-05-21 | Common Stock | S | 4133 | $177.8890 | Disposed | 4125 | Direct |
| 2024-05-21 | Common Stock | M | 2806 | $105.82 | Acquired | 6931 | Direct |
| 2024-05-21 | Common Stock | M | 2578 | $99.29 | Acquired | 9509 | Direct |
| 2024-05-21 | Common Stock | S | 5384 | $177.8322 | Disposed | 4125 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-05-21 | Option to Purchase Common Stock | $105.82 | M | 2806 | Disposed | 2031-05-18 | Common Stock (2806) | Direct |
| 2024-05-21 | Option to Purchase Common Stock | $99.29 | M | 2578 | Disposed | 2032-05-17 | Common Stock (2578) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 15233.3257 | Indirect |
Footnotes
F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $177.87 to $177.91, 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.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $177.33 to $178.33, 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.
F3: Represents current allocation under KSOP.
F4: The options vested in three equal annual installments beginning on May 18, 2022, provided that the Reporting Person remain continuously employed by the Issuer through each applicable vesting date.
F5: The options vest in three equal annual installments beginning on May 17, 2023, provided that the Reporting Person remain continuously employed by the Issuer through each applicable vesting date.