SEC Form 4 · accession 0001209191-15-044963
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
May 18, 2015
Accepted (ET)
May 20, 2015 · 5:09 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 18, 2015 | M | 10,000 | $10.77 | A | 469,052 | 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 | $10.77 | May 18, 2015 | M | 10,000 | D | — | Mar 31, 2017 | Common Stock | 10,000 | 34,436 | 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 25, 2012.