0000899243-23-015257.txt : 20230609 0000899243-23-015257.hdr.sgml : 20230609 20230609175232 ACCESSION NUMBER: 0000899243-23-015257 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230531 FILED AS OF DATE: 20230609 DATE AS OF CHANGE: 20230609 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: TAYLOR CRAIG J. CENTRAL INDEX KEY: 0001979755 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36557 FILM NUMBER: 231006586 MAIL ADDRESS: STREET 1: C/O ADVANCED DRAINAGE SYSTEMS, INC. STREET 2: 4640 TRUEMAN BOULEVARD CITY: HILLIARD STATE: OH ZIP: 43026 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ADVANCED DRAINAGE SYSTEMS, INC. CENTRAL INDEX KEY: 0001604028 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS FOAM PRODUCTS [3086] IRS NUMBER: 510105665 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 BUSINESS ADDRESS: STREET 1: 4640 TRUEMAN BOULEVARD CITY: HILLIARD STATE: OH ZIP: 43026 BUSINESS PHONE: 614-658-0050 MAIL ADDRESS: STREET 1: 4640 TRUEMAN BOULEVARD CITY: HILLIARD STATE: OH ZIP: 43026 3 1 doc3.xml FORM 3 SUBMISSION X0206 3 2023-05-31 0 0001604028 ADVANCED DRAINAGE SYSTEMS, INC. WMS 0001979755 TAYLOR CRAIG J. C/O ADVANCED DRAINAGE SYSTEMS, INC. 4640 TRUEMAN BOULEVARD HILLIARD OH 43026 0 1 0 0 Executive Vice President Common Stock 4612 D Option to Purchase Common Stock 41.85 2030-02-03 Common Stock 1684 D Option to Purchase Common Stock 41.97 2030-05-19 Common Stock 2556 D Option to Purchase Common Stock 105.82 2031-05-19 Common Stock 1002 D Option to Purchase Common Stock 99.29 2032-05-18 Common Stock 1299 D Option to Purchase Common Stock 96.51 2033-05-22 Common Stock 3188 D The options vest in three equal annual installments beginning on February 3, 2021, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date. The options vest in three equal annual installments beginning on May 19, 2021, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date. The options vest in three equal annual installments beginning on May 18, 2022, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date. The options vest in three equal annual installments beginning on May 17, 2023, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date. The options vest in three equal annual installments beginning on May 21, 2024, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date. See Exhibit 24, Power of Attorney, for potential future use on behalf of the Reporting Person. /s/ Craig J. Taylor 2023-06-09 EX-24 2 attachment1.htm EX-24 DOCUMENT



                               POWER OF ATTORNEY

    Know all by these present, that the undersigned hereby authorizes and
designates each of D. Scott Barbour, Scott A. Cottrill and Kevin C. Talley as
the undersigned's agent and attorney- in-fact, with full power of substitution
to:

    (1) prepare and sign on behalf of the undersigned any Form 3, Form 4 or
Form 5 under Section l6 of the Securities Exchange Act of 1934, as amended, with
respect to the securities of Advanced Drainage Systems, Inc. (the
"Corporation"), and file the same with the Securities and Exchange Commission;

    (2) prepare and sign on behalf of the undersigned any Form 144 Notice under
the Securities Act of 1933, as amended, and file the same with the Securities
and Exchange Commission; and

    (3) take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of such attorney-in-fact, may be of benefit to,
in the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by such attorney- in-fact on behalf of
the undersigned pursuant to this Power of Attorney shall be in such form and
shall contain such terms and conditions as such attorney-in-fact may approve in
such attorney-in- fact's discretion.

    The undersigned hereby grants to each such attorney-in-fact full power and
authority to do and perform any and every act and thing whatsoever requisite,
necessary or proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might or
could do if personally present, with full power of substitution or revocation,
hereby ratifying and confirming all that such attorney-in-fact, or such
attorney-in- fact's substitute or substitutes, shall lawfully do or cause to be
done by virtue of this power of attorney and the rights and powers herein
granted.

    The undersigned acknowledges that the foregoing attorneys-in-fact, in
serving in such capacity at the request of the undersigned, are not assuming,
nor is the Corporation assuming, any of the undersigned's responsibilities to
comply with Section 16 of the Securities Exchange Act of 1934, as amended, or
Section 5 of the Securities Act of 1933, as amended, or Rule 144 promulgated
under such Act.  This Power of Attorney shall remain in effect until the
undersigned is no longer required to file Forms 3, 4, 5 and 144 with respect to
the undersigned's holdings of and transactions in securities issued by the
Corporation, unless earlier revoked by the undersigned in a signed writing
delivered to the foregoing attorneys-in-fact.



Dated:  ___06/08/2023________	          /s/ Craig J. Taylor
                                        ------------------------
                            Printed Name:   Craig J. Taylor