David E. Shaw - 22 Jun 2021 Form 4 Insider Report for Schrodinger, Inc. (SDGR)

Role: 10%+ Owner
Signature: David E. Shaw, By: /s/ Charles Ardai, as Attorney-in-Fact for David E. Shaw
Issuer symbol: SDGR
Transactions as of: 22 Jun 2021
Net transactions value: -$14,033,555
Form type: 4
Filing time: 23 Jun 2021, 18:32:43 UTC
Previous filing: 21 Jun 2021
Next filing: 30 Jun 2021
SEC: View on sec.gov

Key filing fact

David E. Shaw filed Form 4 for Schrodinger, Inc. (SDGR) on 23 Jun 2021.

Key facts

This page summarizes David E. Shaw's Form 4 filing for Schrodinger, Inc. (SDGR).
6 reported transactions and 0 derivative rows are listed below.
Filing timestamp: 23 Jun 2021, 18:32.

Change

Previous filing in this sequence was filed on 21 Jun 2021.
Current net transaction value: -$14,033,555.

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: $396,224
Shares: -5,311
Change %: -0.07%
Price: $74.60
Shares after: 7,133,861
Date: 22 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: $1,617,173
Shares: -21,363
Change %: -0.3%
Price: $75.70
Shares after: 7,112,498
Date: 22 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: $6,758,473
Shares: -87,984
Change %: -1.2%
Price: $76.81
Shares after: 7,024,514
Date: 22 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: $1,107,991
Shares: -14,344
Change %: -0.2%
Price: $77.24
Shares after: 7,010,170
Date: 22 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: $2,497,720
Shares: -32,536
Change %: -0.46%
Price: $76.77
Shares after: 6,977,634
Date: 23 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: $1,655,974
Shares: -21,410
Change %: -0.31%
Price: $77.35
Shares after: 6,956,224
Date: 23 Jun 2021
Ownership: Held by Schrodinger Equity Holdings, LLC
Footnotes: F1, F3, F8

SDGR holding

Common Stock, par value $0.01 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 4,264
Date: 22 Jun 2021
Ownership: Held by D. E. Shaw Technology Development, LLC
Footnotes: F9

An asterisk next to the price means the reported price is likely invalid.

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 $74.16 to $75.155, 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 $75.16 to $76.15 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.
F5	This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $76.16 to $77.155, 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 $77.16 to $77.27, 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 $76.12 to $77.11, 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 $77.12 to $77.63, 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	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.