SEC Form 4 · accession 0001209191-15-045451
ADVANCED DRAINAGE SYSTEMS, INC. · WMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas M Fussner
Officer — EVP and Co-COO
Period of report
May 19, 2015
Accepted (ET)
May 21, 2015 · 5:10 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 19, 2015 | M | 8,187 | $12.59 | A | 538,144 | 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 | May 19, 2015 | M | 8,187 | D | — | Mar 31, 2022 | Common Stock | 8,187 | 10,335 | 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.