Joel Lebowitz - 01 Sep 2021 Form 4 Insider Report for Schrodinger, Inc. (SDGR)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
03 Sep 2021, 17:01:09 UTC
Prior SEC filing
16 Jul 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Donald Shum, as attorney-in-fact for Joel Lebowitz

Key filing fact

Joel Lebowitz filed Form 4 for Schrodinger, Inc. (SDGR) on 03 Sep 2021.

Key facts

  • This page summarizes Joel Lebowitz's Form 4 filing for Schrodinger, Inc. (SDGR).
  • 6 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 03 Sep 2021, 17:01.

Change

  • Previous filing in this sequence was filed on 16 Jul 2021.
  • Current net transaction value: -$335,866.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SDGR transaction

Common Stock

Options Exercise

Transaction value
$7,378
Shares
+1,700
Change %
Price
$4.34*
Shares after
1,700
Date
01 Sep 2021
Ownership
Direct
Footnotes
F1
SDGR transaction

Common Stock

Sale

Transaction value
$109,704
Shares
-1,700
Change %
-100%
Price
$64.53
Shares after
0
Date
01 Sep 2021
Ownership
Direct
Footnotes
F1, F2
SDGR transaction

Common Stock

Options Exercise

Transaction value
$16,813
Shares
+3,874
Change %
Price
$4.34*
Shares after
3,874
Date
02 Sep 2021
Ownership
Direct
Footnotes
F1
SDGR transaction

Common Stock

Sale

Transaction value
$250,353
Shares
-3,874
Change %
-100%
Price
$64.62
Shares after
0
Date
02 Sep 2021
Ownership
Direct
Footnotes
F1, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SDGR transaction Derivative

Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-1,700
Change %
-1.9%
Price
$0.000000
Shares after
87,482
Date
01 Sep 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,700
Exercise price
$4.34
Footnotes
F1, F4
SDGR transaction Derivative

Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-3,874
Change %
-4.4%
Price
$0.000000
Shares after
83,608
Date
02 Sep 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,874
Exercise price
$4.34
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 21, 2020.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.45 to $64.67, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (3) of this Form 4.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.45 to $64.90, inclusive.

Footnote F4

The option was granted on November 29, 2018. The shares underlying the option vested with respect to 25% of the shares on November 14, 2019 and the remainder vest in equal monthly installments through November 14, 2022.

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