Yvonne Tran - 18 Feb 2025 Form 4 Insider Report for Schrodinger, Inc. (SDGR)

Signature
/s/ Donald Shum, as attorney-in-fact for Yvonne Tran
Issuer symbol
SDGR
Transactions as of
18 Feb 2025
Net transactions value
-$92,321
Form type
4
Filing time
19 Feb 2025, 16:09:29 UTC
Previous filing
12 Feb 2025
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SDGR Common Stock Options Exercise $16,935 +3,902 +35% $4.34 15,037 18 Feb 2025 Direct F1, F2
transaction SDGR Common Stock Sale $109,256 -3,902 -26% $28.00 11,135 18 Feb 2025 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) Options Exercise $0 -3,902 -100% $0.000000 0 18 Feb 2025 Common Stock 3,902 $4.34 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 9, 2024.
F2 Includes 3,795 unvested RSUs.
F3 The option was granted on November 29, 2018 and is fully vested.