4//SEC Filing
Berkshire Partners LLC 4
Accession 0000919574-21-002414
CIK 0001604028other
Filed
Mar 11, 7:00 PM ET
Accepted
Mar 12, 4:33 PM ET
Size
26.8 KB
Accession
0000919574-21-002414
Insider Transaction Report
Form 4
Berkshire Fund IX, L.P.
10% Owner
Transactions
- Sale
Common Stock
2021-03-10$103.61/sh−1,455,341$150,787,881→ 9,142,940 total(indirect: See Footnote) - Sale
Common Stock
2021-03-10$103.61/sh−19,045$1,973,252→ 97,268 total - Sale
Common Stock
2021-03-10$103.61/sh−21,610$2,239,012→ 99,149 total
Berkshire Fund IX-A, L.P.
10% Owner
Transactions
- Sale
Common Stock
2021-03-10$103.61/sh−21,610$2,239,012→ 99,149 total - Sale
Common Stock
2021-03-10$103.61/sh−1,455,341$150,787,881→ 9,142,940 total(indirect: See Footnote) - Sale
Common Stock
2021-03-10$103.61/sh−19,045$1,973,252→ 97,268 total
Berkshire Partners Holdings LLC
10% Owner
Transactions
- Sale
Common Stock
2021-03-10$103.61/sh−19,045$1,973,252→ 97,268 total - Sale
Common Stock
2021-03-10$103.61/sh−1,455,341$150,787,881→ 9,142,940 total(indirect: See Footnote) - Sale
Common Stock
2021-03-10$103.61/sh−21,610$2,239,012→ 99,149 total
BPSP, L.P.
10% Owner
Transactions
- Sale
Common Stock
2021-03-10$103.61/sh−21,610$2,239,012→ 99,149 total - Sale
Common Stock
2021-03-10$103.61/sh−19,045$1,973,252→ 97,268 total - Sale
Common Stock
2021-03-10$103.61/sh−1,455,341$150,787,881→ 9,142,940 total(indirect: See Footnote)
Berkshire Partners LLC
10% Owner
Transactions
- Sale
Common Stock
2021-03-10$103.61/sh−1,455,341$150,787,881→ 9,142,940 total(indirect: See Footnote) - Sale
Common Stock
2021-03-10$103.61/sh−19,045$1,973,252→ 97,268 total - Sale
Common Stock
2021-03-10$103.61/sh−21,610$2,239,012→ 99,149 total
Stockbridge Partners LLC
10% Owner
Transactions
- Sale
Common Stock
2021-03-10$103.61/sh−1,455,341$150,787,881→ 9,142,940 total(indirect: See Footnote) - Sale
Common Stock
2021-03-10$103.61/sh−21,610$2,239,012→ 99,149 total - Sale
Common Stock
2021-03-10$103.61/sh−19,045$1,973,252→ 97,268 total
Berkshire Investors IV LLC
10% Owner
Transactions
- Sale
Common Stock
2021-03-10$103.61/sh−1,455,341$150,787,881→ 9,142,940 total(indirect: See Footnote) - Sale
Common Stock
2021-03-10$103.61/sh−21,610$2,239,012→ 99,149 total - Sale
Common Stock
2021-03-10$103.61/sh−19,045$1,973,252→ 97,268 total
Stockbridge Fund, L.P.
10% Owner
Transactions
- Sale
Common Stock
2021-03-10$103.61/sh−1,455,341$150,787,881→ 9,142,940 total(indirect: See Footnote) - Sale
Common Stock
2021-03-10$103.61/sh−21,610$2,239,012→ 99,149 total - Sale
Common Stock
2021-03-10$103.61/sh−19,045$1,973,252→ 97,268 total
Transactions
- Sale
Common Stock
2021-03-10$103.61/sh−1,455,341$150,787,881→ 9,142,940 total(indirect: See Footnote) - Sale
Common Stock
2021-03-10$103.61/sh−21,610$2,239,012→ 99,149 total - Sale
Common Stock
2021-03-10$103.61/sh−19,045$1,973,252→ 97,268 total
Berkshire Investors III LLC
10% Owner
Transactions
- Sale
Common Stock
2021-03-10$103.61/sh−1,455,341$150,787,881→ 9,142,940 total(indirect: See Footnote) - Sale
Common Stock
2021-03-10$103.61/sh−21,610$2,239,012→ 99,149 total - Sale
Common Stock
2021-03-10$103.61/sh−19,045$1,973,252→ 97,268 total
Footnotes (4)
- [F1]Represents shares that may be deemed to be indirectly beneficially owned by Berkshire Partners Holdings LLC ("BPH"), BPSP, L.P. ("BPSP"), Stockbridge Partners LLC ("SP") and Berkshire Partners LLC ("BP"). Berkshire Fund IX, L.P. ("BF IX") holds 4,271,425 shares of the Issuer's common stock, and Berkshire Fund IX-A, L.P. ("BF IX-A") holds 1,749,781 shares of the Issuer's common stock. Ninth Berkshire Associates LLC ("9BA") is the general partner of BF IX and BF IX-A. Stockbridge Fund, L.P. (f/k/a Stockbridge Special Situations Fund, L.P.) ("SF") holds 2,823,741 shares of the Issuer's common stock, Stockbridge Absolute Return Fund, L.P. ("SARF") holds 7,675 shares of the Issuer's common stock, and SP holds 290,318 shares of the Issuer's common stock on behalf of certain other accounts. Stockbridge Associates LLC ("SA") is the general partner of SF and SARF.
- [F2](Continued from Footnote 1) BPH is the general partner of BPSP, which is the managing member of each of SP, the registered investment adviser of SF, SARF and certain other accounts holding shares of the Issuer, and BP, the registered investment adviser of BF IX and BF IX-A. As the managing member of SP and BP, BPSP may be deemed to beneficially own shares of common stock that are beneficially owned by SP and BP. As the general partner of BPSP, BPH may be deemed to beneficially own shares of common stock that are beneficially owned by BPSP. BPH, BPSP, BP, SP, 9BA and SA are under common control and may be deemed to be, but do not admit to being, a group for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the "Act"). Each of BPH, BPSP, BP, SP, 9BA and SA disclaims beneficial ownership of any securities except to the extent of its pecuniary interest therein.
- [F3]Represents shares held directly by Berkshire Investors III LLC. Berkshire Investors III LLC may be deemed to be, but does not admit to being, a member of a group holding over 10% of the outstanding common stock of the Issuer for purposes of Section 13(d)(3) of the Act.
- [F4]Represents shares held directly by Berkshire Investors IV LLC. Berkshire Investors IV LLC may be deemed to be, but does not admit to being, a member of a group holding over 10% of the outstanding common stock of the Issuer for purposes of Section 13(d)(3) of the Act.
Documents
Issuer
ADVANCED DRAINAGE SYSTEMS, INC.
CIK 0001604028
Entity typeother
IncorporatedMA
Related Parties
1- filerCIK 0001312988
Filing Metadata
- Form type
- 4
- Filed
- Mar 11, 7:00 PM ET
- Accepted
- Mar 12, 4:33 PM ET
- Size
- 26.8 KB