Form 4 for WMS ADVANCED DRAINAGE SYSTEMS, INC.
Accepted 2024-05-17 00:00:00 ET · period of report 2024-05-15 · accession 0000950170-24-061849 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-05-17 | 2024-05-15 | WMS | KING BRIAN W. | EVP | A - Grant | $0.00 | +3,145 | 13.8K | +30% | $0 | |
| M | 2024-05-17 | 2024-05-15 | WMS | KING BRIAN W. | EVP | F - Tax | $176.18 | -986 | 12.8K | -7% | -$173.7K |
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 | 2024-05-15 | A | A | 3,145 | $0.00 | 13,762 | D | — | — | (F1) Reflects grant of performance-based units, originally granted pursuant to the Issuer's 2017 Omnibus Incentive Plan, earned after the Issuer determined that certain performance goals for the performance period ended March 31, 2024 had been met. Total includes dividend equivalents in the amount of 42 shares, which dividend equivalents are settled in common stock. (F2) Includes 109 shares of common stock acquired under the Advanced Drainage Systems, Inc. Employee Stock Purchase Plan, exempt under Rule 16b-3(c). |
| 2 | Common | Common Stock | 2024-05-15 | F | D | 14 | $176.18 | 12,776 | D | — | — | (F3) Represents shares withheld to satisfy Reporting Person's tax obligations in connection with the vesting of shares of restricted common stock of the Issuer. |
| 3 | Common | Common Stock | 2024-05-15 | F | D | 972 | $176.18 | 12,790 | D | — | — | (F3) Represents shares withheld to satisfy Reporting Person's tax obligations in connection with the vesting of shares of restricted common stock of the Issuer. |