0000899243-23-018048.txt : 20230811 0000899243-23-018048.hdr.sgml : 20230811 20230811163012 ACCESSION NUMBER: 0000899243-23-018048 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230809 FILED AS OF DATE: 20230811 DATE AS OF CHANGE: 20230811 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KLEIN ROBERT M CENTRAL INDEX KEY: 0001614367 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36557 FILM NUMBER: 231164540 MAIL ADDRESS: STREET 1: C/O ADVANCED DRAINAGE SYSTEMS, INC. STREET 2: 4640 TRUEMAN BOULEVARD CITY: HILLARD STATE: OH ZIP: 43026 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ADVANCED DRAINAGE SYSTEMS, INC. CENTRAL INDEX KEY: 0001604028 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS FOAM PRODUCTS [3086] IRS NUMBER: 510105665 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 BUSINESS ADDRESS: STREET 1: 4640 TRUEMAN BOULEVARD CITY: HILLIARD STATE: OH ZIP: 43026 BUSINESS PHONE: 614-658-0050 MAIL ADDRESS: STREET 1: 4640 TRUEMAN BOULEVARD CITY: HILLIARD STATE: OH ZIP: 43026 4 1 doc4.xml FORM 4 SUBMISSION X0508 4 2023-08-09 0 0001604028 ADVANCED DRAINAGE SYSTEMS, INC. WMS 0001614367 KLEIN ROBERT M C/O ADVANCED DRAINAGE SYSTEMS, INC. 4640 TRUEMAN BOULEVARD HILLIARD OH 43026 0 1 0 0 EVP, Sales 0 Common Stock 2023-08-09 4 M 0 4297 27.44 A 111990 D Common Stock 2023-08-09 4 M 0 5508 41.97 A 117498 D Common Stock 2023-08-09 4 M 0 1718 105.82 A 119216 D Common Stock 2023-08-09 4 M 0 1031 99.29 A 120247 D Common Stock 2023-08-09 4 S 0 8275 130.0881 D 111972 D Common Stock 2023-08-09 4 M 0 2881 15.74 A 114853 D Option to Purchase Common Stock 27.44 2023-08-09 4 M 0 4297 0.00 D 2029-05-21 Common Stock 4297 0 D Option to Purchase Common Stock 41.97 2023-08-09 4 M 0 5508 0.00 D 2030-05-19 Common Stock 5508 0 D Option to Purchase Common Stock 105.82 2023-08-09 4 M 0 1718 0.00 D 2031-05-18 Common Stock 1718 859 D Option to Purchase Common Stock 99.29 2023-08-09 4 M 0 1031 0.00 D 2032-05-17 Common Stock 1031 2062 D Reflects the exercise by the Reporting Person of stock options (right to buy) previously granted by the Issuer. 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. The options vest in three equal installments beginning on May 21, 2020. The options vest in three equal installments beginning on May 19, 2021. The options vest in three equal installments beginning on May 18, 2022. The options vest in three equal installments beginning on May 17, 2023. /s/ Robert M. Klein, by Scott A. Cottrill as attorney-in-fact 2023-08-11