Kenneth Patrick Lorton - 07 May 2021 Form 4 Insider Report for Schrodinger, Inc. (SDGR)

Role
EVP & Chief Technology Officer
Signature
/s/ Donald Shum, as attorney-in-fact for Kenneth Patrick Lorton
Issuer symbol
SDGR
Transactions as of
07 May 2021
Net transactions value
+$26,936
Form type
4
Filing time
11 May 2021, 17:00:36 UTC
Next filing
09 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SDGR Common Stock Options Exercise $24,514 +1,442 +2.7% $17.00 55,160 07 May 2021 Direct
transaction SDGR Common Stock Options Exercise $2,422 +558 +1% $4.34* 55,718 07 May 2021 Direct
transaction SDGR Common Stock Gift $0 -6,500 -12% $0.000000 49,218 07 May 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SDGR Stock Option (right to buy) Options Exercise $0 -1,442 -1.6% $0.000000 87,199 07 May 2021 Common Stock 1,442 $17.00 Direct F1
transaction SDGR Stock Option (right to buy) Options Exercise $0 -558 -9.1% $0.000000 5,574 07 May 2021 Common Stock 558 $4.34 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This option was granted on February 5, 2020. The shares underlying the option vested with respect to 25% of the shares on February 5, 2021 and the remainder are scheduled to vest in equal monthly installments through February 5, 2024.
F2 This option was granted on November 29, 2018. The shares underlying the option vested with respect to 25% of the shares on December 31, 2019 and the remainder are scheduled to vest in equal monthly installments through December 31, 2022.