Form 4 for WMS ADVANCED DRAINAGE SYSTEMS, INC.

Accepted 2022-11-10 00:00:00 ET · period of report 2022-11-09 · accession 0000899243-22-035563 · 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
M	2022-11-10	2022-11-09	WMS	KLEIN ROBERT M	EVP, Sales	S - Sale	$82.61	-33.8K	98.8K	-26%	-$2.80M

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2022-11-09	S	D	12,588	$83.03	120,027	D	—	—	(F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.51 to $83.52, 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. (F2) Includes 21,252 shares previously held through the KSOP which were distributed to the reporting person on October 28, 2022 and are now owned directly.
2	Common	Common Stock	2022-11-09	S	D	21,252	$82.36	98,775	D	—	—	(F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.16 to $82.61, 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.