LEEUWENBURG EWOUT 4
4 · ADVANCED DRAINAGE SYSTEMS, INC. · Filed Jun 1, 2020
Insider Transaction Report
Form 4
LEEUWENBURG EWOUT
SVP, International
Transactions
- Exercise/Conversion
Common Stock
2020-05-28$25.75/sh+4,268$109,901→ 62,964 total - Exercise/Conversion
Option to Purchase Common Stock
2020-05-28−4,268→ 2,134 totalExercise: $25.75Exp: 2028-05-23→ Common Stock (4,268 underlying) - Exercise/Conversion
Option to Purchase Common Stock
2020-05-28−2,006→ 4,010 totalExercise: $27.44Exp: 2029-05-21→ Common Stock (2,006 underlying) - Sale
Common Stock
2020-05-28$45.62/sh−21,520$981,729→ 43,450 total - Sale
Common Stock
2020-05-28$46.27/sh−400$18,506→ 43,050 total - Exercise/Conversion
Common Stock
2020-05-28$24.20/sh+15,646$378,633→ 58,696 total - Exercise/Conversion
Common Stock
2020-05-28$27.44/sh+2,006$55,045→ 64,970 total - Exercise/Conversion
Option to Purchase Common Stock
2020-05-28−15,646→ 0 totalExercise: $24.20Exp: 2026-03-31→ Common Stock (15,646 underlying)
Footnotes (6)
- [F1]Reflects the exercise by the Reporting Person of stock options (right to buy) previously granted by the Issuer.
- [F2]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.
- [F3]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.
- [F4]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.
- [F5]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
- [F6]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.