Nancy Thornberry - 22 May 2023 Form 4 Insider Report for Schrodinger, Inc. (SDGR)

Role
Director
Signature
/s/ Donald Shum, as attorney-in-fact for Nancy Thornberry
Issuer symbol
SDGR
Transactions as of
22 May 2023
Net transactions value
-$348,678
Form type
4
Filing time
23 May 2023, 17:05:50 UTC
Previous filing
12 Aug 2022
Next filing
05 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SDGR Common Stock Options Exercise $171,072 +14,850 $11.52 14,850 22 May 2023 Direct F1
transaction SDGR Common Stock Sale $519,750 -14,850 -100% $35.00 0 22 May 2023 Direct F1

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 -14,850 -35% $0.000000 27,020 22 May 2023 Common Stock 14,850 $11.52 Direct F1, F2
* 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 13, 2022.
F2 The option was granted on December 2, 2019. The shares underlying the option vested with respect to 25% of the shares on December 2, 2020 and the remainder vest in equal monthly installments through December 2, 2023.