ADVANCED DRAINAGE SYSTEMS, INC. - Director's Dealing 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADVANCED DRAINAGE SYSTEMS, INC. (WMS)
CIK: 0001604028
Period of Report: 2024-02-27

Reporting Person: WAUN THOMAS J. SR. (N/A)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-27	Common Stock	M	1500	$46.89	Acquired	11213	Direct
2024-02-27	Common Stock	S	1500	$164.39	Disposed	9713	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-02-27	Option to Purchase Common Stock	$46.89	M	1500	Disposed	2030-06-14	Common Stock (1500)	Direct

Security	Shares	Ownership
Common Stock	2052.3303	Indirect

F1: Includes 125 shares of common acquired under the Advanced Drainage Systems, Inc. Employee Stock Purchase Plan, exempt under Rule 16b-3(c).

F2: Represents current allocation under KSOP.

F3: The options vested in three equal installments beginning on June 14, 2021.