Joel Lebowitz - May 18, 2021 Form 4 Insider Report for Schrodinger, Inc. (SDGR)

Role
EVP & CFO
Signature
/s/ Donald Shum, as attorney-in-fact for Joel Lebowitz
Stock symbol
SDGR
Transactions as of
May 18, 2021
Transactions value $
-$335,053
Form type
4
Date filed
5/19/2021, 05:00 PM
Next filing
Jun 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SDGR Common Stock Options Exercise $24.2K +5.57K $4.34* 5.57K May 18, 2021 Direct F1
transaction SDGR Common Stock Sale -$359K -5.57K -100% $64.45 0 May 18, 2021 Direct F1

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 -5.57K -5.26% $0.00 100K May 18, 2021 Common Stock 5.57K $4.34 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 21, 2020.
F2 The option was granted on November 29, 2018. The shares underlying the option vested with respect to 25% of the shares on November 14, 2019 and the remainder vest in equal monthly installments through November 14, 2022.