Form 4 for WMS ADVANCED DRAINAGE SYSTEMS, INC.
Accepted 2021-11-10 00:00:00 ET · period of report 2021-11-08 · accession 0000899243-21-043952 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-11-10 | 2021-11-08 | WMS | TALLEY KEVIN C | EVP, CAO | S - Sale+OE | $127.39 | -60.0K | 73.1K | -45% | -$7.64M |
| D | 2021-11-10 | 2021-11-08 | WMS | TALLEY KEVIN C | EVP, CAO | M - OptEx | $13.64 | +60.0K | 92.4K | +185% | +$818.4K |
| D | 2021-11-10 | 2021-11-08 | WMS | TALLEY KEVIN C | EVP, CAO | M - OptEx | $0.00 | -60.0K | 47.0K | -56% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-11-08 | S | D | 5,700 | $125.29 | 86,673 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $124.72 to $125.515, 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. |
| 2 | Common | Common Stock | 2021-11-08 | S | D | 10,243 | $129.02 | 32,373 | D | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $128.74 to $129.38, 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 (5) to this Form 4. |
| 3 | Common | Common Stock | 2021-11-08 | S | D | 16,700 | $127.19 | 56,396 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.72 to $127.70, 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 (3) to this Form 4. |
| 4 | Common | Common Stock | 2021-11-08 | S | D | 13,780 | $128.43 | 42,616 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.75 to $128.70, 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 (4) to this Form 4. |
| 5 | Common | Common Stock | 2021-11-08 | M | A | 60,000 | $13.64 | 92,373 | D | — | — | |
| 6 | Common | Common Stock | 2021-11-08 | S | D | 13,577 | $126.22 | 73,096 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.715 to $126.67, 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 (2) to this Form 4. |
| 7 | Derivative | Option to Purchase Common Stock | 2021-11-08 | M | D | 60,000 | $0.00 | 46,972 | D | $13.64 · — to 2023-03-31 | 60,000 Common Stock | (F6) The option vested in five equal annual installments beginning on September 1, 2014. |