Kenneth Patrick Lorton - May 7, 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
Stock symbol
SDGR
Transactions as of
May 7, 2021
Transactions value $
$26,936
Form type
4
Date filed
5/11/2021, 05:00 PM
Next filing
Feb 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SDGR Common Stock Options Exercise $24.5K +1.44K +2.68% $17.00 55.2K May 7, 2021 Direct
transaction SDGR Common Stock Options Exercise $2.42K +558 +1.01% $4.34* 55.7K May 7, 2021 Direct
transaction SDGR Common Stock Gift $0 -6.5K -11.67% $0.00 49.2K May 7, 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 -1.44K -1.63% $0.00 87.2K May 7, 2021 Common Stock 1.44K $17.00 Direct F1
transaction SDGR Stock Option (right to buy) Options Exercise $0 -558 -9.1% $0.00 5.57K May 7, 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.