David E. Shaw - 18 May 2021 Form 4 Insider Report for Schrodinger, Inc. (SDGR)

Reporting relationship: 10%+ Owner
Issuer ticker: SDGR
Reported as of: 18 May 2021
Net transaction value: -$4,994,648
SEC form: 4
Accepted by SEC: 20 May 2021, 19:34:28 UTC
Prior SEC filing: 14 May 2021
Next SEC filing: 26 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 20 May 2021.

Key facts

This page summarizes David E. Shaw's Form 4 filing for Schrodinger, Inc. (SDGR).
10 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 20 May 2021, 19:34.

Change

Previous filing in this sequence was filed on 14 May 2021.
Current net transaction value: -$4,994,648.

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: $228,480
Shares: -3,700
Change %: -0.05%
Price: $61.75
Shares after: 7,594,180
Date: 18 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: $181,790
Shares: -2,871
Change %: -0.04%
Price: $63.32
Shares after: 7,591,309
Date: 18 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: $839,497
Shares: -13,092
Change %: -0.17%
Price: $64.12
Shares after: 7,578,217
Date: 18 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: $566,791
Shares: -8,739
Change %: -0.12%
Price: $64.86
Shares after: 7,569,478
Date: 18 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: $148,321
Shares: -2,394
Change %: -0.03%
Price: $61.96
Shares after: 7,567,084
Date: 19 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: $1,073,837
Shares: -17,089
Change %: -0.23%
Price: $62.84
Shares after: 7,549,995
Date: 19 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: $350,075
Shares: -5,517
Change %: -0.07%
Price: $63.45
Shares after: 7,544,478
Date: 19 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: $118,728
Shares: -1,880
Change %: -0.02%
Price: $63.15
Shares after: 7,542,598
Date: 20 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: $1,035,415
Shares: -16,154
Change %: -0.21%
Price: $64.10
Shares after: 7,526,444
Date: 20 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: $451,713
Shares: -6,966
Change %: -0.09%
Price: $64.85
Shares after: 7,519,478
Date: 20 May 2021
Ownership: Held by Schrodinger Equity Holdings, LLC
Footnotes: F1, F3, F12

SDGR holding

Common Stock, par value $0.01 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 4,264
Date: 18 May 2021
Ownership: Held by D. E. Shaw Technology Development, LLC
Footnotes: F13

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 13 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 $61.43 to $62.29, 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 $62.52 to $63.51, 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 $63.52 to $64.515, 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 $64.52 to $65.315, 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 $61.34 to $62.33, 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 $62.34 to $63.335, 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 $63.34 to $63.76, 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 $62.50 to $63.46, 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 $63.50 to $64.495, 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 $64.50 to $65.215, 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

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.