Jenny Herman - 04 Mar 2024 Form 4 Insider Report for Schrodinger, Inc. (SDGR)

Role
SVP & Controller
Signature
/s/ Donald Shum, as attorney-in-fact for Jenny Herman
Issuer symbol
SDGR
Transactions as of
04 Mar 2024
Net transactions value
$0
Form type
4
Filing time
05 Mar 2024, 16:48:44 UTC
Previous filing
13 Feb 2024
Next filing
12 Feb 2025
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 +7,313 +62% $0.000000 19,074 04 Mar 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 +14,625 $0.000000 14,625 04 Mar 2024 Common Stock 14,625 $25.24 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 March 4, 2024 and will vest in equal installments on each of March 5 of 2025, 2026, 2027 and 2028, subject to the Reporting Person's continued service with the company.
F2 Includes 13,313 unvested RSUs.
F3 The option was granted on March 4, 2024. The shares underlying the option are scheduled to vest with respect to 25% of the shares on March 4, 2025 and the remainder are scheduled to vest in equal monthly installments through March 4, 2028.