SEC Form 4 · accession 0001209191-15-010496
ADVANCED DRAINAGE SYSTEMS, INC. · WMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark B Sturgeon
Officer — EVP, CFO, Secretary, Treasurer
Period of report
Feb 6, 2015
Accepted (ET)
Feb 6, 2015 · 6:16 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 6, 2015 | M | 15,631 | $4.54 | A | 456,168 | 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 | $4.54 | Feb 6, 2015 | M | 15,631 | D | — | Mar 31, 2015 | Common Stock | 15,631 | 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 April 27, 2010.