David E. Shaw - 12 May 2021 Form 4 Insider Report for Schrodinger, Inc. (SDGR)

Reporting relationship: 10%+ Owner
Issuer ticker: SDGR
Reported as of: 12 May 2021
Net transaction value: -$4,506,945
SEC form: 4
Accepted by SEC: 14 May 2021, 18:05:40 UTC
Next SEC filing: 20 May 2021
Source filing: View source filing
Reporting owner signature: David E. Shaw, By: /s/ Charles Ardai, as Attorney-in-Fact for David E. Shaw

Key filing fact

David E. Shaw filed Form 4 for Schrodinger, Inc. (SDGR) on 14 May 2021.

Key facts

This page summarizes David E. Shaw's Form 4 filing for Schrodinger, Inc. (SDGR).
13 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 14 May 2021, 18:05.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: -$4,506,945.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SDGR transaction

Common Stock, par value $0.01 per share

Sale

Transaction value: $595,057
Shares: -9,981
Change %: -0.13%
Price: $59.62
Shares after: 7,662,899
Date: 12 May 2021
Ownership: Held by Schrodinger Equity Holdings, LLC
Footnotes: F1, F2, F3

SDGR transaction

Common Stock, par value $0.01 per share

Sale

Transaction value: $584,725
Shares: -9,671
Change %: -0.13%
Price: $60.46
Shares after: 7,653,228
Date: 12 May 2021
Ownership: Held by Schrodinger Equity Holdings, LLC
Footnotes: F1, F3, F4

SDGR transaction

Common Stock, par value $0.01 per share

Sale

Transaction value: $309,682
Shares: -5,048
Change %: -0.07%
Price: $61.35
Shares after: 7,648,180
Date: 12 May 2021
Ownership: Held by Schrodinger Equity Holdings, LLC
Footnotes: F1, F3, F5

SDGR transaction

Common Stock, par value $0.01 per share

Sale

Transaction value: $18,699
Shares: -300
Change %: -0%
Price: $62.33
Shares after: 7,647,880
Date: 12 May 2021
Ownership: Held by Schrodinger Equity Holdings, LLC
Footnotes: F1, F3, F6

SDGR transaction

Common Stock, par value $0.01 per share

Sale

Transaction value: $335,473
Shares: -5,774
Change %: -0.08%
Price: $58.10
Shares after: 7,642,106
Date: 13 May 2021
Ownership: Held by Schrodinger Equity Holdings, LLC
Footnotes: F1, F3, F7

SDGR transaction

Common Stock, par value $0.01 per share

Sale

Transaction value: $546,011
Shares: -9,282
Change %: -0.12%
Price: $58.82
Shares after: 7,632,824
Date: 13 May 2021
Ownership: Held by Schrodinger Equity Holdings, LLC
Footnotes: F1, F3, F8

SDGR transaction

Common Stock, par value $0.01 per share

Sale

Transaction value: $94,501
Shares: -1,570
Change %: -0.02%
Price: $60.19
Shares after: 7,631,254
Date: 13 May 2021
Ownership: Held by Schrodinger Equity Holdings, LLC
Footnotes: F1, F3, F9

SDGR transaction

Common Stock, par value $0.01 per share

Sale

Transaction value: $203,280
Shares: -3,329
Change %: -0.04%
Price: $61.06
Shares after: 7,627,925
Date: 13 May 2021
Ownership: Held by Schrodinger Equity Holdings, LLC
Footnotes: F1, F3, F10

SDGR transaction

Common Stock, par value $0.01 per share

Sale

Transaction value: $311,661
Shares: -5,045
Change %: -0.07%
Price: $61.78
Shares after: 7,622,880
Date: 13 May 2021
Ownership: Held by Schrodinger Equity Holdings, LLC
Footnotes: F1, F3, F11

SDGR transaction

Common Stock, par value $0.01 per share

Sale

Transaction value: $163,355
Shares: -2,800
Change %: -0.04%
Price: $58.34
Shares after: 7,620,080
Date: 14 May 2021
Ownership: Held by Schrodinger Equity Holdings, LLC
Footnotes: F1, F3, F12

SDGR transaction

Common Stock, par value $0.01 per share

Sale

Transaction value: $131,703
Shares: -2,213
Change %: -0.03%
Price: $59.51
Shares after: 7,617,867
Date: 14 May 2021
Ownership: Held by Schrodinger Equity Holdings, LLC
Footnotes: F1, F3, F13

SDGR transaction

Common Stock, par value $0.01 per share

Sale

Transaction value: $895,768
Shares: -14,803
Change %: -0.19%
Price: $60.51
Shares after: 7,603,064
Date: 14 May 2021
Ownership: Held by Schrodinger Equity Holdings, LLC
Footnotes: F1, F3, F14

SDGR transaction

Common Stock, par value $0.01 per share

Sale

Transaction value: $317,029
Shares: -5,184
Change %: -0.07%
Price: $61.16
Shares after: 7,597,880
Date: 14 May 2021
Ownership: Held by Schrodinger Equity Holdings, LLC
Footnotes: F1, F3, F15

SDGR holding

Common Stock, par value $0.01 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 4,264
Date: 12 May 2021
Ownership: Held by D. E. Shaw Technology Development, LLC
Footnotes: F16

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 16 footnotes

Footnote F1

The transactions reported in this line of this Form 4 were effected pursuant to a Rule 10b5-1 sales plan dated August 13, 2020.

Footnote F2

This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $58.98 to $59.96, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

Footnote F3

Schrodinger Equity Holdings, LLC, which holds these securities, is owned in its entirety through a trust of which David E. Shaw is the trustee and beneficiary.

Footnote F4

This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $59.99 to $60.97, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

Footnote F5

This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $60.99 to $61.85, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

Footnote F6

This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $62.11 to $62.50, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

Footnote F7

This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $57.39 to $58.38, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

Footnote F8

This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $58.39 to $59.295, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

Footnote F9

This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $59.46 to $60.45, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

Footnote F10

This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $60.47 to $61.46, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

Footnote F11

This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $61.48 to $62.435, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

Footnote F12

This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $57.84 to $58.79, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

Footnote F13

This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $58.99 to $59.98, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

Footnote F14

This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $59.99 to $60.985, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

Footnote F15

This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $60.99 to $61.36, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

Footnote F16

David E. Shaw is President and sole shareholder of D. E. Shaw & Co. II, Inc., which is the sole member of D. E. Shaw Technology Development, LLC.