Form 4 for WMS ADVANCED DRAINAGE SYSTEMS, INC.

Accepted 2024-03-15 00:00:00 ET · period of report 2024-03-13 · accession 0000950170-24-032155 · 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
MI	2024-03-15	2024-03-13	WMS	BARBOUR D. SCOTT	See Remarks, Dir	G - Gift	$0.00	0	97.8K	New	$0

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	2024-03-13	G	A	4,305	$0.00	65,805	I Spouse's Irrevocable Trust	—	—	(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.
2	Common	Common Stock	2024-03-13	G	D	4,305	$0.00	9,695	I Spouse's Revocable Trust	—	—	(F6) Shares held in revocable trust for the benefit of the reporting person's spouse.
3	Common	Common Stock	2024-03-13	G	D	4,305	$0.00	46,341	I Reporting Person's Revocable Trust	—	—	(F2) On December 13, 2023, the reporting person transferred 49,261 shares of common stock of ADS from his revocable trust for the benefit of the reporting person to a Grantor Retained Annuity Trust ("GRAT") of which the reporting person is trustee, which transfer is exempt under Rule 16a-13. (F3) Shares held in revocable trust for the benefit of the reporting person.
4	Common	Common Stock	2024-03-13	G	A	4,305	$0.00	97,805	I Reporting Person's Irrevocable Trust	—	—	(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.