SEC Form 4 · accession 0000899243-18-017930
ADVANCED DRAINAGE SYSTEMS, INC. · WMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert M Klein
Officer — EVP
Period of report
Jun 21, 2018
Accepted (ET)
Jun 25, 2018 · 4:30 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 | Jun 21, 2018 | M | 32,242 | $12.59 | A | 300,909 | D | |
| Common Stock | Jun 21, 2018 | F | 1,394 | $28.30 | D | 299,515 | 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 StockF2 | $12.59 | Jun 21, 2018 | M | 32,242 | D | — | Mar 31, 2022 | Common Stock | 32,242 | 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 was scheduled to vest in three equal annual installments beginning on August 1, 2017, provided however that all remaining unvested options vested in full immediately prior to the completion of the Issuer's initial public offering.