Michael Lynton - 18 Jun 2024 Form 4 Insider Report for Schrodinger, Inc. (SDGR)

Role
Director
Signature
/s/ Donald Shum, as attorney-in-fact for Michael Lynton
Issuer symbol
SDGR
Transactions as of
18 Jun 2024
Net transactions value
$0
Form type
4
Filing time
20 Jun 2024, 16:20:59 UTC
Previous filing
07 Mar 2024
Next filing
25 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SDGR Common Stock Award $0 +5,000 +80% $0.000000 11,250 18 Jun 2024 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 +8,550 $0.000000 8,550 18 Jun 2024 Common Stock 8,550 $19.32 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 June 18, 2024 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 5,000 unvested RSUs.
F3 The option was granted on June 18, 2024. 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.