Form 4 for WMS ADVANCED DRAINAGE SYSTEMS, INC.
Accepted 2023-11-16 00:00:00 ET · period of report 2023-11-15 · accession 0000950170-23-064529 · 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 | 2023-11-16 | 2023-11-15 | WMS | HUEBERT MICHAEL G. | EVP | M - OptEx | $26.50 | +14.8K | 51.6K | +40% | +$392.0K |
| D | 2023-11-16 | 2023-11-15 | WMS | HUEBERT MICHAEL G. | EVP | S - Sale+OE | $120.74 | -14.8K | 36.8K | -29% | -$1.79M |
| DM | 2023-11-16 | 2023-11-15 | WMS | HUEBERT MICHAEL G. | EVP | M - OptEx | $0.00 | -14.8K | 0 | -100% | $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 | 2023-11-15 | M | A | 4,802 | $25.75 | 43,388 | D | — | — | (F1) Reflects the exercise by the Reporting Person of stock options (right to buy) previously granted by the Issuer. |
| 2 | Common | Common Stock | 2023-11-15 | S | D | 14,794 | $120.74 | 36,798 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.54 to $121.16, 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. |
| 3 | Common | Common Stock | 2023-11-15 | M | A | 1,788 | $24.20 | 38,586 | D | — | — | (F1) Reflects the exercise by the Reporting Person of stock options (right to buy) previously granted by the Issuer. |
| 4 | Common | Common Stock | 2023-11-15 | M | A | 8,204 | $27.44 | 51,592 | D | — | — | (F1) Reflects the exercise by the Reporting Person of stock options (right to buy) previously granted by the Issuer. |
| 5 | Derivative | Option to Purchase Common Stock | 2023-11-15 | M | D | 1,788 | $0.00 | 0 | D | $24.20 · — to 2026-03-31 | 1,788 Common Stock | (F4) The options vested in three equal annual installments beginning on February 8, 2018. |
| 6 | Derivative | Option to Purchase Common Stock | 2023-11-15 | M | D | 8,204 | $0.00 | 0 | D | $27.44 · — to 2029-05-22 | 8,204 Common Stock | (F6) The options vested in three equal annual installments beginning on May 22, 2020. |
| 7 | Derivative | Option to Purchase Common Stock | 2023-11-15 | M | D | 4,802 | $0.00 | 0 | D | $25.75 · — to 2028-05-23 | 4,802 Common Stock | (F5) The options vested in three equal annual installments beginning on May 23, 2019. |