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

Reporting relationship: 10%+ Owner
Issuer ticker: SDGR
Reported as of: 22 Jun 2021
Net transaction value: -$23,340,360
SEC form: 4
Accepted by SEC: 25 Jun 2021, 18:31:47 UTC
Prior SEC filing: 21 Jun 2021
Next SEC filing: 30 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 25 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.
Accepted by SEC: 25 Jun 2021, 18:31.

Change

Previous filing in this sequence was filed on 21 Jun 2021.
Current net transaction value: -$23,340,360.

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: $2,909,182
Shares: -37,314
Change %: -0.54%
Price: $77.96
Shares after: 6,918,910
Date: 24 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: $3,242,765
Shares: -41,319
Change %: -0.6%
Price: $78.48
Shares after: 6,877,591
Date: 24 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: $261,020
Shares: -3,400
Change %: -0.05%
Price: $76.77
Shares after: 6,874,191
Date: 25 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: $13,648,413
Shares: -175,552
Change %: -2.6%
Price: $77.75
Shares after: 6,698,639
Date: 25 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: $3,202,935
Shares: -40,487
Change %: -0.6%
Price: $79.11
Shares after: 6,658,152
Date: 25 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: $76,045
Shares: -955
Change %: -0.01%
Price: $79.63
Shares after: 6,657,197
Date: 25 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

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 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 $77.22 to $78.215, 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 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 $78.22 to $78.93 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 $76.53 to $77.40, 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 $77.53 to $78.52, 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 $78.53 to $79.52, 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 $79.60 to $79.73, 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

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.