David E. Shaw - 12 Jul 2021 Form 4 Insider Report for Schrodinger, Inc. (SDGR)

Reporting relationship: 10%+ Owner
Issuer ticker: SDGR
Reported as of: 12 Jul 2021
Net transaction value: -$7,495,484
SEC form: 4
Accepted by SEC: 14 Jul 2021, 18:23:40 UTC
Prior SEC filing: 09 Jul 2021
Next SEC filing: 16 Jul 2021
Source filing: View source filing
Reporting owner signature: David E. Shaw, By: /s/ Zachary Bendiner, as Attorney-in-Fact for David E. Shaw

Key filing fact

David E. Shaw filed Form 4 for Schrodinger, Inc. (SDGR) on 14 Jul 2021.

Key facts

This page summarizes David E. Shaw's Form 4 filing for Schrodinger, Inc. (SDGR).
11 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 14 Jul 2021, 18:23.

Change

Previous filing in this sequence was filed on 09 Jul 2021.
Current net transaction value: -$7,495,484.

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: $1,375,462
Shares: -18,547
Change %: -0.29%
Price: $74.16
Shares after: 6,342,108
Date: 12 Jul 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: $111,493
Shares: -1,483
Change %: -0.02%
Price: $75.18
Shares after: 6,340,625
Date: 12 Jul 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: $68,687
Shares: -900
Change %: -0.01%
Price: $76.32
Shares after: 6,339,725
Date: 12 Jul 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: $1,269,309
Shares: -18,220
Change %: -0.29%
Price: $69.67
Shares after: 6,321,505
Date: 13 Jul 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: $993,712
Shares: -14,070
Change %: -0.22%
Price: $70.63
Shares after: 6,307,435
Date: 13 Jul 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: $992,613
Shares: -13,869
Change %: -0.22%
Price: $71.57
Shares after: 6,293,566
Date: 13 Jul 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: $344,873
Shares: -4,754
Change %: -0.08%
Price: $72.54
Shares after: 6,288,812
Date: 13 Jul 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: $22,140
Shares: -300
Change %: -0%
Price: $73.80
Shares after: 6,288,512
Date: 13 Jul 2021
Ownership: Held by Schrodinger Equity Holdings, LLC
Footnotes: F1, F3

SDGR transaction

Common Stock, par value $0.01 per share

Sale

Transaction value: $1,159,161
Shares: -17,171
Change %: -0.27%
Price: $67.51
Shares after: 6,271,341
Date: 14 Jul 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: $954,619
Shares: -13,950
Change %: -0.22%
Price: $68.43
Shares after: 6,257,391
Date: 14 Jul 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: $203,414
Shares: -2,930
Change %: -0.05%
Price: $69.42
Shares after: 6,254,461
Date: 14 Jul 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: 12 Jul 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 May 13, 2021.

Footnote F2

This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $73.82 to $74.815, 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 $74.95 to $75.81 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 $75.96 to $76.48, 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 $69.12 to $70.115, 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 $70.125 to $71.12, 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 $71.13 to $72.12, 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 $72.13 to $73.125, 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 $67.00 to $67.98 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 $68.03 to $68.98 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 $69.03 to $69.92 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.