THOMAS J. WAUN SR. - 27 Feb 2024 Form 4 Insider Report for ADVANCED DRAINAGE SYSTEMS, INC. (WMS)

Role
EVP, International
Signature
/s/ Thomas J. Waun, Sr., by Scott A. Cottrill as attorney-in-fact
Issuer symbol
WMS
Transactions as of
27 Feb 2024
Transactions value $
-$176,250
Form type
4
Filing time
29 Feb 2024, 16:01:10 UTC
Previous filing
16 Jun 2023
Next filing
17 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMS Common Stock Options Exercise $70,335 +1,500 +15% $46.89 11,213 27 Feb 2024 Direct F1
transaction WMS Common Stock Sale -$246,585 -1,500 -13% $164.39 9,713 27 Feb 2024 Direct F1
holding WMS Common Stock 2,052 27 Feb 2024 By KSOP F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WMS Option to Purchase Common Stock Options Exercise $0 -1,500 -27% $0 4,012 27 Feb 2024 Common Stock 1,500 $46.89 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.