Ramy Farid - Mar 4, 2024 Form 4 Insider Report for Schrodinger, Inc. (SDGR)

Role
President & CEO, Director
Signature
/s/ Donald Shum, as attorney-in-fact for Ramy Farid
Stock symbol
SDGR
Transactions as of
Mar 4, 2024
Transactions value $
$0
Form type
4
Date filed
3/5/2024, 04:49 PM
Previous filing
Feb 10, 2023
Next filing
May 31, 2024

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 +126K $0.00 126K Mar 4, 2024 Common Stock 126K $25.24 Direct F1
transaction SDGR Stock Option (right to buy) Award $0 +87.3K $0.00 87.3K Mar 4, 2024 Common Stock 87.3K $27.76 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The option was granted on March 4, 2024. The exercise price per share is equal to 110% of the closing price of the Issuer's common stock on the Nasdaq Global Select Market on the date of grant. 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.