Filing Details

Accession Number:
0000899243-21-011152
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-11 16:27:18
Reporting Period:
2021-03-09
Accepted Time:
2021-03-11 16:27:18
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1604028 Advanced Drainage Systems Inc. WMS () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1343378 A Scott Cottrill C/O Advanced Drainage Systems, Inc.
4640 Trueman Boulevard
Hilliard OH 43026
Evp, Cfo And Secretary 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 2021-03-09 45,000 $24.20 81,038 No 4 M Direct
Common Stock Disposition 2021-03-09 5,744 $104.32 75,294 No 4 S Direct
Common Stock Disposition 2021-03-09 11,537 $105.04 63,757 No 4 S Direct
Common Stock Disposition 2021-03-09 15,708 $106.15 48,049 No 4 S Direct
Common Stock Disposition 2021-03-09 12,011 $106.88 36,038 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S 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 Acquisiton 2021-03-09 45,000 $0.00 45,000 $24.20
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
29,398 2026-03-31 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Option to Purchase Common Stock $24.20 2026-03-31 43,809 43,809 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2026-03-31 43,809 43,809 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.70 to $104.69, 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.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.70 to $105.66, 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 $105.70 to $106.69, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.70 to $107.38, 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 (4) to this Form 4.
  5. The options vested in three equal annual installments beginning on February 8, 2018.
  6. The options vested in five equal annual installments beginning on November 9, 2016.