Joel Lebowitz - 18 May 2021 Form 4 Insider Report for Schrodinger, Inc. (SDGR)

Role
EVP & CFO
Signature
/s/ Donald Shum, as attorney-in-fact for Joel Lebowitz
Issuer symbol
SDGR
Transactions as of
18 May 2021
Net transactions value
-$335,053
Form type
4
Filing time
19 May 2021, 17:00:21 UTC
Next filing
15 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SDGR Common Stock Options Exercise $24,191 +5,574 $4.34* 5,574 18 May 2021 Direct F1
transaction SDGR Common Stock Sale $359,244 -5,574 -100% $64.45 0 18 May 2021 Direct F1

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 -5,574 -5.3% $0.000000 100,330 18 May 2021 Common Stock 5,574 $4.34 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 21, 2020.
F2 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.