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

Role
EVP, CLO & CPO
Signature
/s/ Donald Shum, as attorney-in-fact for Yvonne Tran
Stock symbol
SDGR
Transactions as of
May 22, 2023
Transactions value $
-$844,093
Form type
4
Date filed
5/24/2023, 05:19 PM
Previous filing
Feb 10, 2023
Next filing
Jul 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SDGR Common Stock Options Exercise $332 +108 +0.85% $3.07* 12.8K May 22, 2023 Direct F1, F2
transaction SDGR Common Stock Options Exercise $64.6K +14.9K +116.08% $4.34* 27.7K May 22, 2023 Direct F1, F2
transaction SDGR Common Stock Sale -$526K -15K -54.11% $35.04 12.7K May 22, 2023 Direct F1, F2, F3
transaction SDGR Common Stock Options Exercise $34.5K +7.96K +62.57% $4.34* 20.7K May 23, 2023 Direct F1, F2
transaction SDGR Common Stock Sale -$318K -7.96K -38.49% $40.01 12.7K May 23, 2023 Direct F1, F2, 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 -$332 -108 -100% $3.07* 0 May 22, 2023 Common Stock 108 $3.07 Direct F1, F5
transaction SDGR Stock Option (right to buy) Options Exercise -$64.6K -14.9K -55.66% $4.34* 11.9K May 22, 2023 Common Stock 14.9K $4.34 Direct F1, F6
transaction SDGR Stock Option (right to buy) Options Exercise -$34.5K -7.96K -67.11% $4.34* 3.9K May 23, 2023 Common Stock 7.96K $4.34 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 November 8, 2022.
F2 Includes 7,590 unvested RSUs
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.19, 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(3) of this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.00 to $40.06, 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(4) of this Form 4.
F5 The option was granted on May 10, 2016 and is fully vested.
F6 The option was granted on November 29, 2018 and is fully vested.