KLEIN ROBERT M 4

4 · ADVANCED DRAINAGE SYSTEMS, INC. · Filed Aug 11, 2023

Form 4

Period: 2023-08-09

EVP, Sales

Transactions

Exercise/Conversion
Common Stock
2023-08-09$27.44/sh+4,297$117,910→ 111,990 total
Exercise/Conversion
Common Stock
2023-08-09$41.97/sh+5,508$231,171→ 117,498 total
Exercise/Conversion
Common Stock
2023-08-09$105.82/sh+1,718$181,799→ 119,216 total
Exercise/Conversion
Common Stock
2023-08-09$99.29/sh+1,031$102,368→ 120,247 total
Sale
Common Stock
2023-08-09$130.09/sh−8,275$1,076,479→ 111,972 total
Exercise/Conversion
Common Stock
2023-08-09$15.74/sh+2,881$45,347→ 114,853 total
Exercise/Conversion
Option to Purchase Common Stock
2023-08-09−4,297→ 0 total
Exercise: $27.44Exp: 2029-05-21→ Common Stock (4,297 underlying)
Exercise/Conversion
Option to Purchase Common Stock
2023-08-09−5,508→ 0 total
Exercise: $41.97Exp: 2030-05-19→ Common Stock (5,508 underlying)
Exercise/Conversion
Option to Purchase Common Stock
2023-08-09−1,718→ 859 total
Exercise: $105.82Exp: 2031-05-18→ Common Stock (1,718 underlying)
Exercise/Conversion
Option to Purchase Common Stock
2023-08-09−1,031→ 2,062 total
Exercise: $99.29Exp: 2032-05-17→ Common Stock (1,031 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 $129.52 to $131.00, 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 options vest in three equal installments beginning on May 21, 2020.
[F4]The options vest in three equal installments beginning on May 19, 2021.
[F5]The options vest in three equal installments beginning on May 18, 2022.
[F6]The options vest in three equal installments beginning on May 17, 2023.

Documents

1 file