David E. Shaw - 17 Jun 2021 Form 4 Insider Report for Schrodinger, Inc. (SDGR)

Reporting relationship: 10%+ Owner
Issuer ticker: SDGR
Reported as of: 17 Jun 2021
Net transaction value: -$12,401,412
SEC form: 4
Accepted by SEC: 21 Jun 2021, 18:32:34 UTC
Prior SEC filing: 16 Jun 2021
Next SEC filing: 23 Jun 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 21 Jun 2021.

Key facts

This page summarizes David E. Shaw's Form 4 filing for Schrodinger, Inc. (SDGR).
12 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 21 Jun 2021, 18:32.

Change

Previous filing in this sequence was filed on 16 Jun 2021.
Current net transaction value: -$12,401,412.

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: $165,890
Shares: -2,248
Change %: -0.03%
Price: $73.79
Shares after: 7,302,102
Date: 17 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: $518,952
Shares: -6,923
Change %: -0.09%
Price: $74.96
Shares after: 7,295,179
Date: 17 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: $2,527,727
Shares: -33,219
Change %: -0.46%
Price: $76.09
Shares after: 7,261,960
Date: 17 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: $732,299
Shares: -9,555
Change %: -0.13%
Price: $76.64
Shares after: 7,252,405
Date: 17 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: $1,984,538
Shares: -26,870
Change %: -0.37%
Price: $73.86
Shares after: 7,225,535
Date: 18 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: $1,143,572
Shares: -15,295
Change %: -0.21%
Price: $74.77
Shares after: 7,210,240
Date: 18 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: $802,964
Shares: -10,619
Change %: -0.15%
Price: $75.62
Shares after: 7,199,621
Date: 18 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: $217,859
Shares: -3,006
Change %: -0.04%
Price: $72.47
Shares after: 7,196,615
Date: 21 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: $141,591
Shares: -1,933
Change %: -0.03%
Price: $73.25
Shares after: 7,194,682
Date: 21 Jun 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: $1,361,174
Shares: -18,234
Change %: -0.25%
Price: $74.65
Shares after: 7,176,448
Date: 21 Jun 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: $2,722,310
Shares: -36,190
Change %: -0.5%
Price: $75.22
Shares after: 7,140,258
Date: 21 Jun 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: $82,538
Shares: -1,086
Change %: -0.02%
Price: $76.00
Shares after: 7,139,172
Date: 21 Jun 2021
Ownership: Held by Schrodinger Equity Holdings, LLC
Footnotes: F1, F3, F14

SDGR holding

Common Stock, par value $0.01 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 4,264
Date: 17 Jun 2021
Ownership: Held by D. E. Shaw Technology Development, LLC
Footnotes: F15

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 15 footnotes

Footnote 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.

Footnote F2

This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $73.44 to $74.42, 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 $74.46 to $75.43 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 $75.46 to $76.45, 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 F6

This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $76.46 to $76.85, 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 F7

This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $73.16 to $74.15, 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.

Footnote F8

This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $74.19 to $75.18, 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 $75.19 to $75.905, 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 $71.87 to $72.86, 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 $72.875 to $73.80, 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 $73.93 to $74.925, 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 $74.93 to $75.895, 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 $75.93 to $76.09, 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

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.