{"transactions":[{"id":4439045,"issuer":{"id":2328,"kind":"organization","name":"ADVANCED DRAINAGE SYSTEMS, INC.","symbol":"WMS"},"owners":[{"id":178716,"kind":"organization","name":"ASP ADS Investco, LLC","position":1,"cik":"0001614813","reported_name":"ASP ADS Investco, LLC","relationship":{"ten_percent_owner":true}},{"id":166048,"kind":"organization","name":"American Securities Partners V, L.P.","position":2,"cik":"0001401897","reported_name":"American Securities Partners V, L.P.","relationship":{"ten_percent_owner":true}},{"id":166049,"kind":"organization","name":"American Securities Partners V(B), L.P.","position":3,"cik":"0001401896","reported_name":"American Securities Partners V(B), L.P.","relationship":{"ten_percent_owner":true}},{"id":166050,"kind":"organization","name":"American Securities Partners V (C) L.P.","position":4,"cik":"0001475482","reported_name":"American Securities Partners V (C) L.P.","relationship":{"ten_percent_owner":true}},{"id":166051,"kind":"organization","name":"American Securities Associates V, LLC","position":5,"cik":"0001475484","reported_name":"American Securities Associates V, LLC","relationship":{"ten_percent_owner":true}},{"id":20781,"kind":"organization","name":"AMERICAN SECURITIES LLC","position":6,"cik":"0001475483","reported_name":"AMERICAN SECURITIES LLC","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2017-02-17T18:00:24.000Z","date":"2017-02-15","kind":"sale","acquired":false,"shares":3750000,"price":22.15,"value":83062500.0,"ownership":{"direct":true},"footnotes":[{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F1","text":"The shares are directly owned by ASP ADS Investco, LLC (\"ASPADS\") and may also be deemed to be indirectly beneficially owned by: (i) American Securities Partners V, L.P., American Securities Partners V(B), L.P. and American Securities Partners V(C), L.P. (each, a \"Sponsor\"), the owners of membership interests in ASPADS; and (ii) American Securities Associates V, LLC (\"GP\"), the general partner of each Sponsor.  American Securities LLC provides investment advisory services to each Sponsor."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F2","text":"Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of such Reporting Person's pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose."}],"balance_after":3796908,"source":{"system":"sec-edgar","filing":"0001140361-17-008163","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1401897/000114036117008163/form4.xml","form_type":"4"}}]}