Berkshire Partners LLC's Form 4 filing
Advanced Drainage Systems, Inc. (WMS) · filed Sep 16, 2021
- Accession no.
- 0000919574-21-005875
- Filed
- Sep 16, 2021, 4:11 PM ET
- Trade date
- Sep 14, 2021
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 3 non-derivative transactions. Open-market sales total $159.8M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Berkshire Partners LLCCIK 0001312988 | 10% Owner |
| Stockbridge Fund, L.P.CIK 0001501625 | 10% Owner |
| Stockbridge Absolute Return Fund, L.P.CIK 0001505182 | 10% Owner |
| Stockbridge Partners LLCCIK 0001505183 | 10% Owner |
| Berkshire Investors III LLCCIK 0001505184 | 10% Owner |
| Berkshire Investors IV LLCCIK 0001505185 | 10% Owner |
| Berkshire Partners Holdings LLCCIK 0001597786 | 10% Owner |
| BPSP, L.P.CIK 0001597787 | 10% Owner |
| Berkshire Fund IX, L.P.CIK 0001658315 | 10% Owner |
| Berkshire Fund IX-A, L.P.CIK 0001658319 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 14, 2021 | Common Stock | SSaleDisposed | −1,425,823 | $109.75 | −$156,484,074.25 | 7,717,117 | Indirect | |
| Sep 14, 2021 | Common Stock | SSaleDisposed | −15,082 | $109.75 | −$1,655,249.5 | 84,067 | Direct | |
| Sep 14, 2021 | Common Stock | SSaleDisposed | −15,085 | $109.75 | −$1,655,578.75 | 82,183 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
No transaction price on this filing refers to a footnote.