Filing Details

Accession Number:
0000899243-20-014758
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-06-01 18:16:28
Reporting Period:
2020-05-28
Accepted Time:
2020-06-01 18:16:28
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1604028 Advanced Drainage Systems Inc. WMS Plastics Foam Products (3086) 510105665
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1614369 Ewout Leeuwenburg C/O Advanced Drainage Systems, Inc.
4640 Trueman Boulevard
Hilliard OH 43026
Svp, International No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-05-28 15,646 $24.20 58,696 No 4 M Direct
Common Stock Acquisiton 2020-05-28 4,268 $25.75 62,964 No 4 M Direct
Common Stock Acquisiton 2020-05-28 2,006 $27.44 64,970 No 4 M Direct
Common Stock Disposition 2020-05-28 21,520 $45.62 43,450 No 4 S Direct
Common Stock Disposition 2020-05-28 400 $46.27 43,050 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Option to Purchase Common Stock Disposition 2020-05-28 15,646 $0.00 15,646 $24.20
Common Stock Option to Purchase Common Stock Disposition 2020-05-28 4,268 $0.00 4,268 $25.75
Common Stock Option to Purchase Common Stock Disposition 2020-05-28 2,006 $0.00 2,006 $27.44
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2026-03-31 No 4 M Direct
2,134 2028-05-23 No 4 M Direct
4,010 2029-05-21 No 4 M Direct
Footnotes
  1. Reflects the exercise by the Reporting Person of stock options (right to buy) previously granted by the Issuer.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.24 to $46.21, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.26 to $46.27, 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.
  4. The option will vest in three equal annual installments beginning on February 8, 2018, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date.
  5. The option will vest in three equal annual installments beginning on May 23, 2019, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date
  6. The option will vest in three equal annual installments beginning on May 21, 2020, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date.