SEC Form 4 · accession 0000899243-18-014288
ADVANCED DRAINAGE SYSTEMS, INC. · WMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin C Talley
Officer — EVP and CAO
Period of report
May 24, 2018
Accepted (ET)
May 29, 2018 · 5:32 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 | May 24, 2018 | A | 2,622 | $0.00 | A | 18,142 | 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 | $25.75 | May 24, 2018 | A | 8,643 | A | — | May 23, 2028 | Common Stock | 8,643 | 8,643 | D |
Explanation of responses
- F1The options vest in three equal annual installments beginning on May 23, 2019, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date.