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

Role
President & CEO, Director
Signature
/s/ Donald Shum, as attorney-in-fact for Ramy Farid
Issuer symbol
SDGR
Transactions as of
04 Mar 2024
Net transactions value
$0
Form type
4
Filing time
05 Mar 2024, 16:49:27 UTC
Previous filing
10 Feb 2023
Next filing
31 May 2024
SEC
View on sec.gov

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 +126,000 $0.000000 126,000 04 Mar 2024 Common Stock 126,000 $25.24 Direct F1
transaction SDGR Stock Option (right to buy) Award $0 +87,271 $0.000000 87,271 04 Mar 2024 Common Stock 87,271 $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.