Karen Akinsanya - 16 Aug 2021 Form 4 Insider Report for Schrodinger, Inc. (SDGR)

Role
EVP, Chief Biomedical Scientist, Head of Discovery R&D
Signature
/s/ Donald Shum, as attorney-in-fact for Karen Akinsanya
Issuer symbol
SDGR
Transactions as of
16 Aug 2021
Net transactions value
-$1,775,022
Form type
4
Filing time
17 Aug 2021, 17:00:33 UTC
Previous filing
09 Jun 2021
Next filing
16 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SDGR Common Stock Options Exercise $343,077 +20,181 $17.00 20,181 16 Aug 2021 Direct F1
transaction SDGR Common Stock Options Exercise $18,141 +4,180 +21% $4.34* 24,361 16 Aug 2021 Direct F1
transaction SDGR Common Stock Options Exercise $43,074 +13,377 +55% $3.22* 37,738 16 Aug 2021 Direct F1
transaction SDGR Common Stock Sale $1,245,788 -21,691 -57% $57.43 16,047 16 Aug 2021 Direct F1, F2
transaction SDGR Common Stock Sale $933,526 -16,047 -100% $58.17 0 16 Aug 2021 Direct F1, F3

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 -20,181 -10% $0.000000 180,478 16 Aug 2021 Common Stock 20,181 $17.00 Direct F1, F4
transaction SDGR Stock Option (right to buy) Options Exercise $0 -4,180 -8.3% $0.000000 45,985 16 Aug 2021 Common Stock 4,180 $4.34 Direct F1, F5
transaction SDGR Stock Option (right to buy) Options Exercise $0 -13,377 -50% $0.000000 13,378 16 Aug 2021 Common Stock 13,377 $3.22 Direct F1, F6
* 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 June 2, 2021.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.90 to $57.89, 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 (3) 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 $57.905 to $58.86, inclusive.
F4 This option was granted on February 5, 2020. The shares underlying the option vested with respect to 25% of the shares on February 5, 2021 and the remainder are scheduled to vest in equal monthly installments through February 5, 2024.
F5 This option was granted on November 29, 2018. The shares underlying the option vested with respect to 25% of the shares on December 31, 2019 and the remainder are scheduled to vest in equal monthly installments through December 31, 2022.
F6 The option was granted on August 3, 2018. The shares underlying the option are scheduled to vest in equal yearly installments from May 14, 2018 through May 14, 2022.

Remarks:

EVP, Chief Biomedical Scientist, Head of Discovery R&D