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ADVANCED DRAINAGE SYSTEMS, INC. — Director's Dealing 2024
May 22, 2024
30558_dirs_2024-05-21_be3b1af1-087a-4c79-93a9-0842a2716138.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: 2024-05-18
Reporting Person: BARBOUR D. SCOTT (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-05-18 | Common Stock | F | 1599 | $174.13 | Disposed | 41683 | Direct |
| 2024-05-19 | Common Stock | F | 1354 | $174.13 | Disposed | 40329 | Direct |
| 2024-05-20 | Common Stock | A | 7595 | — | Acquired | 47924 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-05-20 | Option to Purchase Common Stock | $177.38 | A | 15823 | Acquired | 2034-05-20 | Common Stock (15823) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 46341 | Indirect |
| Common Stock | 97805 | Indirect |
| Common Stock | 9695 | Indirect |
| Common Stock | 65805 | Indirect |
| Common Stock | 49261 | Indirect |
| Common Stock | 16917.0337 | Indirect |
Footnotes
F1: Represents shares withheld to satisfy Reporting Person's tax obligations in connection with the vesting of shares of restricted common stock of the Issuer.
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: Shares held in revocable trust for the benefit of the reporting person's spouse.
F5: 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.
F6: Shares held in a GRAT of which the reporting person is trustee.
F7: Represents current allocation under KSOP.
F8: The options vest in three equal annual installments beginning on May 20, 2025, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date.