SEC Form 4 · accession 0000899243-17-024384
ADVANCED DRAINAGE SYSTEMS, INC. · WMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph A Chlapaty
10% Owner · Other
Period of report
Oct 16, 2017
Accepted (ET)
Oct 17, 2017 · 6:17 pm EDT
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 | Oct 16, 2017 | M | 517,770 | $13.64 | A | 745,556 | D | |
| Common Stock | holding | — | — | — | 9,629,025 | I | By Trust | |
| Common Stock | holding | — | — | — | 500 | I | By Wife |
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 StockF2 | $13.64 | Oct 16, 2017 | M | 517,770 | D | — | Mar 31, 2023 | Common Stock | 517,770 | 0 | D |
Explanation of responses
- F1Reflects the exercise by the Reporting Person of stock options (right to buy) previously granted by the Issuer.
- F2The option vested in four equal annual installments beginning on September 1, 2014.