David E. Shaw - 14 Jun 2021 Form 4 Insider Report for Schrodinger, Inc. (SDGR)

Role: 10%+ Owner
Signature: David E. Shaw, By: /s/ Zach Bendiner, as Attorney-in-Fact for David E. Shaw
Issuer symbol: SDGR
Transactions as of: 14 Jun 2021
Net transaction value: -$10,616,047
Form type: 4
Filing time: 16 Jun 2021, 18:17:48 UTC
Previous filing: 26 May 2021
Next filing: 21 Jun 2021
SEC filing: View on sec.gov

Key filing fact

David E. Shaw filed Form 4 for Schrodinger, Inc. (SDGR) on 16 Jun 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.
Filing timestamp: 16 Jun 2021, 18:17.

Change

Previous filing in this sequence was filed on 26 May 2021.
Current net transaction value: -$10,616,047.

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.

See Original Filing

Reported transactions

SDGR transaction

Common Stock, par value $0.01 per share

Sale

Transaction value: $681,670
Shares: -8,911
Change %: -0.12%
Price: $76.50
Shares after: 7,436,511
Date: 14 Jun 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: $2,449,009
Shares: -31,512
Change %: -0.42%
Price: $77.72
Shares after: 7,404,999
Date: 14 Jun 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: $238,153
Shares: -3,040
Change %: -0.04%
Price: $78.34
Shares after: 7,401,959
Date: 14 Jun 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: $640,101
Shares: -8,723
Change %: -0.12%
Price: $73.38
Shares after: 7,393,236
Date: 15 Jun 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: $2,768,844
Shares: -37,365
Change %: -0.51%
Price: $74.10
Shares after: 7,355,871
Date: 15 Jun 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: $1,034,706
Shares: -13,826
Change %: -0.19%
Price: $74.84
Shares after: 7,342,045
Date: 15 Jun 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: $37,930
Shares: -500
Change %: -0.01%
Price: $75.86
Shares after: 7,341,545
Date: 15 Jun 2021
Ownership: Held by Schrodinger Equity Holdings, LLC
Footnotes: F1, F3

SDGR transaction

Common Stock, par value $0.01 per share

Sale

Transaction value: $603,488
Shares: -8,229
Change %: -0.11%
Price: $73.34^*
Shares after: 7,333,316
Date: 16 Jun 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: $1,421,521
Shares: -19,107
Change %: -0.26%
Price: $74.40
Shares after: 7,314,209
Date: 16 Jun 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: $740,627
Shares: -9,859
Change %: -0.13%
Price: $75.12
Shares after: 7,304,350
Date: 16 Jun 2021
Ownership: Held by Schrodinger Equity Holdings, LLC
Footnotes: F1, F3, F11

SDGR holding

Common Stock, par value $0.01 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 4,264
Date: 14 Jun 2021
Ownership: Held by D. E. Shaw Technology Development, LLC
Footnotes: F12

^* indicates a reported price that failed the local validity check.

Explanation of Responses:

Id	Content
F1	The transactions reported in this line of this Form 4 were effected pursuant to a Rule 10b5-1 sales plan dated May 13, 2021.
F2	This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $76.165 to $77.15, 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.
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.
F4	This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $77.17 to $78.13 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.
F5	This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $78.20 to $78.35, 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.
F6	This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $72.69 to $73.68, 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.
F7	This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $73.69 to $74.68, 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.
F8	This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $74.69 to $75.28, 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.
F9	This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $72.77 to $73.765, 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.
F10	This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $73.775 to $74.76, 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.
F11	This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $74.78 to $75.49, 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.
F12	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.