Form 144 Filer Information |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144
NOTICE OF PROPOSED SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933 | |
FORM 144 |
144: Filer Information
Filer CIK | 0001505183 |
Filer CCC | XXXXXXXX |
Is this a LIVE or TEST Filing? | ![]() ![]() |
Submission Contact Information | |
Name | |
Phone | |
E-Mail Address |
144: Issuer Information
Name of Issuer | ADVANCED DRAINAGE SYSTEMS, INC. |
SEC File Number | 001-36557 |
Address of Issuer | 4640 TRUEMAN BOULEVARD HILLIARD OHIO 43026 |
Phone | 614-658-0050 |
Name of Person for Whose Account the Securities are To Be Sold | Stockbridge Partners LLC |
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account
the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given
as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales
for the account of the person filing this notice.
| |
Relationship to Issuer | May be deemed affiliate |
144: Securities Information
Title of the Class of Securities To Be Sold | Name and Address of the Broker | Number of Shares or Other Units To Be Sold | Aggregate Market Value | Number of Shares or Other Units Outstanding | Approximate Date of Sale | Name the Securities Exchange |
---|---|---|---|---|---|---|
Common Stock | Glen Eagle Wealth, LLC 4428-C Route 27 Kingston � NJ � 08528 | 762895 | 125038490.50 | 77616828 | 02/28/2024 | NYSE |
Common Stock | J.P. Morgan Securities 50 Rowes Wharf 4th fl. Boston � MA � 02110 | 762895 | 125038490.50 | 77616828 | 02/28/2024 | NYSE |
Common Stock | Merrill Lynch, Pierce, Fenner & Smith Incorporated 4 World Center 250 Vesey Street New York � NY � 10080 | 762895 | 125038490.50 | 77616828 | 02/28/2024 | NYSE |
Common Stock | Morgan Stanley & Co. LLC 1585 Broadway New York � NY � 10036 | 762895 | 125038490.50 | 77616828 | 02/28/2024 | NYSE |
144: Securities To Be Sold
Title of the Class | Date you Acquired | Nature of Acquisition Transaction | Name of Person from Whom Acquired | Is this a Gift? | Date Donor Acquired | Amount of Securities Acquired | Date of Payment | Nature of Payment * |
---|---|---|---|---|---|---|---|---|
Common Stock | 01/12/2016 | Various open market purchases | Various open market purchases | ![]() | 762895 | 01/12/2016 | Cash |
144: Securities Sold During The Past 3 Months
Nothing to Report | ![]() |
144: Remarks and Signature
Remarks | Stockbridge Partners LLC is deemed to be the beneficial owner of the Common Stock held through a separate managed account and through Stockbridge Fund, L.P. Regarding the "Securities To Be Sold" Table, the dates of acquisition and payment of the Common Stock varied, commencing on the date reported in the Table. Stockbridge Partners LLC is signing this form on behalf of the separate managed account and Stockbridge Fund, L.P. The 762,895 shares being sold will be allocated between one or more of the brokers listed above. |
Date of Notice | 02/28/2024 |
ATTENTION: | |
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date. | |
Signature | STOCKBRIDGE PARTNERS LLC By: BPSP, L.P., its Managing Member, By: Berkshire Partners Holdings LLC, its General Partner, /s/ Kenneth S. Bring, its M.D. |
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001) |