| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | WMS | Common Stock | Gift | $0 | -1K | -1.42% | $0.00 | 69.5K | Mar 10, 2025 | Reporting Person's Revocable Trust | F1, F2, F3 |
| transaction | WMS | Common Stock | Gift | $0 | +1K | +1.02% | $0.00 | 98.8K | Mar 10, 2025 | Reporting Person's Irrevocable Trust | F2, F4 |
| transaction | WMS | Common Stock | Gift | $0 | -3.2K | -33.01% | $0.00 | 6.5K | Mar 10, 2025 | Spouse's Revocable Trust | F5, F6 |
| transaction | WMS | Common Stock | Gift | $0 | +3.2K | +4.86% | $0.00 | 69K | Mar 10, 2025 | Spouse's Irrevocable Trust | F5, F7 |
| holding | WMS | Common Stock | 19.6K | Mar 10, 2025 | Direct | F1 | |||||
| holding | WMS | Common Stock | 25.1K | Mar 10, 2025 | Reporting Person's 2023 GRAT | F1, F8 | |||||
| holding | WMS | Common Stock | 26.4K | Mar 10, 2025 | Reporting Person's 2024 GRAT | F1, F8 | |||||
| holding | WMS | Common Stock | 17K | Mar 10, 2025 | By KSOP | F9 |
| Id | Content |
|---|---|
| F1 | On August 29, 2024, the reporting person transferred 26,367 directly owned shares of common stock of Advanced Drainage Systems, Inc. ("ADS") to his revocable trust for the benefit of the reporting person, which transfer is exempt under Rule 16a-13. On September 26, 2024, the reporting person transferred 26,367 shares of common stock of ADS from his revocable trust for the benefit of the reporting person to his 2024 GRAT of which the reporting person is trustee, which transfer is exempt under Rule 16a-13. On December 27, 2024, the reporting person transferred 24,150 shares of common stock of ADS from his 2023 GRAT of which the reporting person is trustee to his revocable trust for the benefit of the reporting person, which transfer is exempt under Rule 16a-13. |
| F2 | On March 10, 2025, the reporting person contributed 1,000 shares of common stock of ADS to an irrevocable trust for the benefit of the reporting person and his children. |
| F3 | Shares held in revocable trust for the benefit of the reporting person. |
| F4 | 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. |
| F5 | On March 10, 2025, the reporting person transferred 3,200 shares of common stock of ADS to an irrevocable spousal access trust established by the reporting person's spouse for the benefit the reporting person's spouse and his children. |
| F6 | Shares held in revocable trust for the benefit of the reporting person's spouse. |
| F7 | 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. |
| F8 | Shares held in GRATs of which the reporting person is trustee. |
| F9 | Represents current allocation under KSOP. |
President & Chief Executive Officer