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Ownership Document
|
| Schema Version: X0306 |
| Document Type: 4 |
| Period of Report: 3/13/20 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 1604028 |
| Issuer Name: ADVANCED DRAINAGE SYSTEMS, INC. |
| Issuer Trading Symbol: WMS |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1614400 |
| | Owner Name: EVERSOLE ROBERT M |
| Reporting Owner Address: |
| | Owner Street 1: C/O ADVANCED DRAINAGE SYSTEMS, INC. |
| | Owner Street 2: 4640 TRUEMAN BOULEVARD |
| | Owner City: HILLIARD |
| | Owner State: OH |
| | Owner ZIP Code: 43026 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? No |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 3/13/20 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 2000 |
| | | Transaction Price Per Share: |
| Value: 35.95 |
| Footnote ID: F1 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 58,290 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $35.9497 to $35.95, inclusive. The reporting person undertakes to provide to Advanced Drainage Systems, Inc., any security holder of Advanced Drainage Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4. |
| Remarks: |
| Owner Signature: |
| Signature Name: /s/ Robert M. Eversole |
| Signature Date: 3/16/20 |
