Richard Friesner - Jun 15, 2023 Form 4 Insider Report for Schrodinger, Inc. (SDGR)

Role: Director
Signature: /s/ Donald Shum, as attorney-in-fact for Richard Friesner
Stock symbol: SDGR
Transactions as of: Jun 15, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/16/2023, 04:56 PM
Previous filing: Jun 16, 2022
Next filing: Jun 20, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SDGR	Common Stock	Award	$0	+6.25K	+1.24%	$0.00	511K	Jun 15, 2023	Direct	F1, F2
holding	SDGR	Common Stock						695K	Jun 15, 2023	By grantor retained annuity trust	F3
holding	SDGR	Common Stock						28.3K	Jun 15, 2023	By spouse

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	+12.5K		$0.00	12.5K	Jun 15, 2023	Common Stock	12.5K	$45.26	Direct	F4

* 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 June 15, 2023 and shall vest on the twelve-month anniversary of the date of grant of the award (or, if earlier, the date of the next annual meeting of stockholders following the date of grant of the award), subject to continued service.
F2	Includes 6,250 unvested RSUs.
F3	These shares are owned directly by the RF 2018 GRAT (the "Trust"), a grantor retained annuity trust, and indirectly by Dr. Friesner as trustee and sole annuitant of the Trust.
F4	The option was granted on June 15, 2023. The award shall vest on the twelve-month anniversary of the date of grant of the award (or, if earlier, the date of the next annual meeting of stockholders following the date of grant of the award), subject to continued service.