SEC Form 4 · accession 0000899243-17-003591
ADVANCED DRAINAGE SYSTEMS, INC. · WMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott A Cottrill
Officer — See Remarks
Period of report
Feb 8, 2017
Accepted (ET)
Feb 10, 2017 · 6:45 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001604028
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 8, 2017 | A | 14,463 | $0.00 | A | 14,463 | D | |
| Common Stock | Feb 8, 2017 | A | 12,397 | $0.00 | A | 26,860 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common StockF1 | $24.20 | Feb 8, 2017 | A | 43,809 | A | — | Mar 31, 2026 | Common Stock | 43,809 | 43,809 | D |
| Option to Purchase Common StockF2 | $24.20 | Feb 8, 2017 | A | 74,398 | A | — | Mar 31, 2026 | Common Stock | 74,398 | 74,398 | D |
Explanation of responses
- F1The options 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.
- F2The options vest in five equal annual installments beginning on November 9, 2016, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date.
Remarks
EVP, CFO, Secretary and Treasurer