4//SEC Filing
Seetharam Anil 4
Accession 0000919574-23-005240
CIK 0001604028other
Filed
Sep 13, 8:00 PM ET
Accepted
Sep 14, 8:27 PM ET
Size
9.1 KB
Accession
0000919574-23-005240
Insider Transaction Report
Form 4
Seetharam Anil
Director
Transactions
- Sale
Common Stock
2023-09-12$122.19/sh−70,000$8,553,265→ 772,895 total(indirect: See Footnote) - Sale
Common Stock
2023-09-14$123.66/sh−10,000$1,236,576→ 762,895 total(indirect: See Footnote)
Holdings
- 1,196(indirect: By Trust)
Common Stock
- 11,026
Common Stock
Footnotes (3)
- [F1]Represents shares by Stockbridge Fund, L.P. ("SF"). Stockbridge Associates LLC ("SA") is the general partner of SF. Stockbridge Partners LLC ("SP") is the investment adviser to SF. Berkshire Partners Holdings LLC ("BPH") is the general partner of BPSP, L.P. ("BPSP"), which is the managing member of SP.
- [F2](continued from Footnote 1) The Reporting Person is a managing member of BPH, BPSP, SP, and SA. By virtue of the relationships described in the preceding sentences, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by SF. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $121.9832 to $122.4894. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Documents
Issuer
ADVANCED DRAINAGE SYSTEMS, INC.
CIK 0001604028
Entity typeother
Related Parties
1- filerCIK 0001676191
Filing Metadata
- Form type
- 4
- Filed
- Sep 13, 8:00 PM ET
- Accepted
- Sep 14, 8:27 PM ET
- Size
- 9.1 KB