4//SEC Filing
JONES ROSS M 4
Accession 0000919574-23-005142
CIK 0001604028other
Filed
Sep 6, 8:00 PM ET
Accepted
Sep 7, 9:28 PM ET
Size
11.2 KB
Accession
0000919574-23-005142
Insider Transaction Report
Form 4
JONES ROSS M
Director
Transactions
- Sale
Common Stock
2023-09-05$128.27/sh−50,000$6,413,630→ 964,369 total(indirect: See Footnote) - Sale
Common Stock
2023-09-06$126.56/sh−50,000$6,327,930→ 914,369 total(indirect: See Footnote) - Sale
Common Stock
2023-09-07$126.53/sh−71,474$9,043,512→ 842,895 total(indirect: See Footnote)
Holdings
- 70,749
Common Stock
Footnotes (5)
- [F1]Represents shares by Stockbridge Fund, L.P. ("SF"). Stockbridge Associates LLC ("SA") is the general partner of SF. Stockbridge Partners LLC ("SP") is the investment adviser to SF. Berkshire Partners Holdings LLC ("BPH") is the general partner of BPSP, L.P. ("BPSP"), which is the managing member of SP.
- [F2](continued from Footnote 1) The Reporting Person is a managing member of BPH, BPSP, SP, 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 SF. 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]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $128.06 to $128.5894. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and ExchangeCommission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $126.3907 to $126.9972. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and ExchangeCommission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $126.071 to $126.9527. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and ExchangeCommission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Documents
Issuer
ADVANCED DRAINAGE SYSTEMS, INC.
CIK 0001604028
Entity typeother
IncorporatedMA
Related Parties
1- filerCIK 0001267629
Filing Metadata
- Form type
- 4
- Filed
- Sep 6, 8:00 PM ET
- Accepted
- Sep 7, 9:28 PM ET
- Size
- 11.2 KB