Home/Filings/4/0000919574-22-005568
4//SEC Filing

JONES ROSS M 4

Accession 0000919574-22-005568

CIK 0001604028other

Filed

Sep 14, 8:00 PM ET

Accepted

Sep 15, 7:29 PM ET

Size

45.0 KB

Accession

0000919574-22-005568

Insider Transaction Report

Form 4
Period: 2022-09-13
JONES ROSS M
Director
Transactions
  • Sale

    Common Stock

    2022-09-13$136.62/sh47,180$6,445,7363,320,077 total(indirect: See Footnote)
  • Sale

    Common Stock

    2022-09-14$135.76/sh56,788$7,709,6643,262,611 total(indirect: See Footnote)
  • Sale

    Common Stock

    2022-09-14$136.50/sh1,745$238,1933,260,866 total(indirect: See Footnote)
  • Sale

    Common Stock

    2022-09-13$135.51/sh83$11,24732,653 total(indirect: By LLC)
  • Sale

    Common Stock

    2022-09-13$136.62/sh743$101,50931,910 total(indirect: By LLC)
  • Sale

    Common Stock

    2022-09-14$136.50/sh27$3,68630,978 total(indirect: By LLC)
  • Sale

    Common Stock

    2022-09-15$135.56/sh333$45,14330,645 total(indirect: By LLC)
  • Sale

    Common Stock

    2022-09-15$136.00/sh76$10,33630,569 total(indirect: By LLC)
  • Sale

    Common Stock

    2022-09-13$137.65/sh11$1,51430,231 total(indirect: By LLC)
  • Sale

    Common Stock

    2022-09-15$135.56/sh21,135$2,865,1413,239,731 total(indirect: See Footnote)
  • Sale

    Common Stock

    2022-09-15$136.00/sh4,847$659,1933,234,884 total(indirect: See Footnote)
  • Sale

    Common Stock

    2022-09-14$135.76/sh894$121,37131,005 total(indirect: By LLC)
  • Sale

    Common Stock

    2022-09-13$137.65/sh11$1,51431,899 total(indirect: By LLC)
  • Sale

    Common Stock

    2022-09-13$136.62/sh754$103,01230,242 total(indirect: By LLC)
  • Sale

    Common Stock

    2022-09-13$135.51/sh5,303$718,5973,367,257 total(indirect: See Footnote)
  • Sale

    Common Stock

    2022-09-14$135.76/sh908$123,27229,323 total(indirect: By LLC)
  • Sale

    Common Stock

    2022-09-15$135.56/sh338$45,82128,957 total(indirect: By LLC)
  • Sale

    Common Stock

    2022-09-13$135.51/sh85$11,51830,996 total(indirect: By LLC)
  • Sale

    Common Stock

    2022-09-14$136.50/sh28$3,82229,295 total(indirect: By LLC)
  • Sale

    Common Stock

    2022-09-15$136.00/sh77$10,47228,880 total(indirect: By LLC)
  • Sale

    Common Stock

    2022-09-13$137.65/sh678$93,3273,319,399 total(indirect: See Footnote)
Holdings
  • Common Stock

    45,417
Footnotes (10)
  • [F1]Represents shares held directly or indirectly by Berkshire Fund IX, L.P. ("BF IX"), Berkshire Fund IX-A, L.P. ("BF IX-A"), Stockbridge Fund, L.P. ("SF") and certain other accounts (collectively, the "Berkshire Entities"). Ninth Berkshire Associates LLC ("9BA") is the general partner of BF IX and BF IX-A, and Stockbridge Associates LLC ("SA") is the general partner of SF. Berkshire Partners LLC ("BP") is the investment adviser to BF IX and BF IX-A, and Stockbridge Partners LLC ("SP") is the investment adviser to SF and such certain other accounts. Berkshire Partners Holdings LLC ("BPH") is the general partner of BPSP, L.P. ("BPSP"), which is the managing member of BP and SP.
  • [F10]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $136 to $136.0075. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F2](continued from Footnote 1) The Reporting Person is a managing member of BPH, BPSP, BP, SP, 9BA and SA. By virtue of the relationships described in the preceding sentences, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by the Berkshire Entities. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
  • [F3]Represents shares held by Berkshire Investors III LLC ("BI III"). The Reporting Person is a managing member of BI III. By virtue of the relationship described in the preceding sentence, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by BI III. The Reporting Person disclaims beneficial ownership of the shares held by BI III, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
  • [F4]Represents shares held by Berkshire Investors IV LLC ("BI IV"). The Reporting Person is a managing member of BI IV. By virtue of the relationship described in the preceding sentence, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by BI IV. The Reporting Person disclaims beneficial ownership of the shares held by BI IV, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
  • [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $135.5 to $136.4999. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $136.5 to $137.4999. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $137.5 to $138.05. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $135.5 to $136.4999. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $135 to $135.9999. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Documents

1 file

Issuer

ADVANCED DRAINAGE SYSTEMS, INC.

CIK 0001604028

Entity typeother
IncorporatedMA

Related Parties

1
  • filerCIK 0001267629

Filing Metadata

Form type
4
Filed
Sep 14, 8:00 PM ET
Accepted
Sep 15, 7:29 PM ET
Size
45.0 KB