Joel Lebowitz - Jul 14, 2021 Form 4 Insider Report for Schrodinger, Inc. (SDGR)

Role
EVP & CFO
Signature
/s/ Donald Shum, as attorney-in-fact for Joel Lebowitz
Stock symbol
SDGR
Transactions as of
Jul 14, 2021
Transactions value $
-$355,077
Form type
4
Date filed
7/16/2021, 11:25 AM
Previous filing
Jun 15, 2021
Next filing
Sep 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SDGR Common Stock Options Exercise $24.2K +5.57K $4.34* 5.57K Jul 14, 2021 Direct F1
transaction SDGR Common Stock Sale -$169K -2.51K -44.98% $67.53 3.07K Jul 14, 2021 Direct F1, F2
transaction SDGR Common Stock Sale -$189K -2.76K -90.06% $68.35 305 Jul 14, 2021 Direct F1, F3
transaction SDGR Common Stock Sale -$21.2K -305 -100% $69.45 0 Jul 14, 2021 Direct F1, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SDGR Stock Option (right to buy) Options Exercise $0 -5.57K -5.88% $0.00 89.2K Jul 14, 2021 Common Stock 5.57K $4.34 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 21, 2020.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.04 to $67.95, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (4) of this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.04 to $68.85, inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.30 to $69.56, inclusive.
F5 The option was granted on November 29, 2018. The shares underlying the option vested with respect to 25% of the shares on November 14, 2019 and the remainder vest in equal monthly installments through November 14, 2022.