Kenneth Patrick Lorton - Feb 9, 2023 Form 4 Insider Report for Schrodinger, Inc. (SDGR)

Role
EVP & Chief Technology Officer
Signature
/s/ Donald Shum, as attorney-in-fact for Kenneth Patrick Lorton
Stock symbol
SDGR
Transactions as of
Feb 9, 2023
Transactions value $
$0
Form type
4
Date filed
2/10/2023, 04:02 PM
Previous filing
Feb 9, 2022
Next filing
May 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SDGR Common Stock Award $0 +8.17K +16.6% $0.00 57.4K Feb 9, 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) Award $0 +49K $0.00 49K Feb 9, 2023 Common Stock 49K $23.29 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted stock units ("RSUs") under the Issuer's 2022 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of common stock of the Issuer. The RSUs were granted on February 9, 2023 and will vest in equal installments on each of February 9, 2024, 2025, 2026 and 2027, subject to the Reporting Person's continued service with the company.
F2 Includes 8,170 unvested RSUs.
F3 The option was granted on February 9, 2023. The shares underlying the option are scheduled to vest with respect to 25% of the shares on February 9, 2024 and the remainder are scheduled to vest in equal monthly installments through February 9, 2027.