Yvonne Tran - Feb 2, 2023 Form 4 Insider Report for Schrodinger, Inc. (SDGR)

Role
EVP & Chief Legal Officer
Signature
/s/ Donald Shum, as attorney-in-fact for Yvonne Tran
Stock symbol
SDGR
Transactions as of
Feb 2, 2023
Transactions value $
-$681,380
Form type
4
Date filed
2/3/2023, 03:16 PM
Previous filing
Feb 9, 2022
Next filing
Feb 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SDGR Common Stock Options Exercise $34.3K +11.7K +228.63% $2.92* 16.9K Feb 2, 2023 Direct F1
transaction SDGR Common Stock Options Exercise $40.7K +13.3K +78.69% $3.07* 30.1K Feb 2, 2023 Direct F1
transaction SDGR Common Stock Sale -$681K -25K -82.97% $27.26 5.13K Feb 2, 2023 Direct F1, F2

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 -$34.3K -11.7K -100% $2.92* 0 Feb 2, 2023 Common Stock 11.7K $2.92 Direct F1, F3
transaction SDGR Stock Option (right to buy) Options Exercise -$40.7K -13.3K -99.19% $3.07* 108 Feb 2, 2023 Common Stock 13.3K $3.07 Direct F1, F4
* 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 November 8, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.00 to $27.61, 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 this footnote(2) of this Form 4.
F3 The option was granted on June 1, 2017 and is fully vested.
F4 The option was granted on May 11, 2016 and is fully vested.