Form 4 for WMS ADVANCED DRAINAGE SYSTEMS, INC.
Accepted 2024-06-03 00:00:00 ET · period of report 2024-05-30 · accession 0000950170-24-067980 · 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 | 2024-06-03 | 2024-05-30 | WMS | Cottrill Scott A | EVP, CFO AND Sec | M - OptEx | $24.20 | +73.2K | 164.6K | +80% | +$1.77M |
| D | 2024-06-03 | 2024-05-30 | WMS | Cottrill Scott A | EVP, CFO AND Sec | S - Sale+OE | $173.11 | -73.2K | 91.4K | -44% | -$12.67M |
| DM | 2024-06-03 | 2024-05-30 | WMS | Cottrill Scott A | EVP, CFO AND Sec | M - OptEx | $0.00 | -73.2K | 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 | 2024-05-30 | M | A | 29,398 | $24.20 | 120,840 | D | — | — | |
| 2 | Common | Common Stock | 2024-05-30 | M | A | 43,809 | $24.20 | 164,649 | D | — | — | |
| 3 | Common | Common Stock | 2024-05-30 | S | D | 73,207 | $173.11 | 91,442 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.56 to $173.49, 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. |
| 4 | Derivative | Option to Purchase Common Stock | 2024-05-30 | M | D | 29,398 | $0.00 | 0 | D | $24.20 · — to 2026-03-31 | 29,398 Common Stock | (F3) The options vested in five equal annual installments beginning on November 9, 2016, provided that the Reporting Person remained continuously employed by the Issuer through each applicable vesting date. |
| 5 | Derivative | Option to Purchase Common Stock | 2024-05-30 | M | D | 43,809 | $0.00 | 0 | D | $24.20 · — to 2026-03-31 | 43,809 Common Stock | (F4) The options vested in three equal annual installments beginning on February 8, 2018, provided that the Reporting Person remained continuously employed by the Issuer through each applicable vesting date. |