Geoffrey Craig Porges - Mar 3, 2025 Form 4 Insider Report for Schrodinger, Inc. (SDGR)

Role: EVP & CFO
Signature: /s/ Donald Shum, as attorney-in-fact for Geoffrey Craig Porges
Stock symbol: SDGR
Transactions as of: Mar 3, 2025
Transactions value $: -$119,484
Form type: 4
Date filed: 3/4/2025, 05:29 PM
Previous filing: Mar 5, 2024
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	+12.5K	+219.88%	$0.00	18.2K	Mar 3, 2025	Direct	F1, F2
transaction	SDGR	Common Stock	Award	$0	+14.9K	+81.66%	$0.00	33K	Mar 3, 2025	Direct	F2, F3
transaction	SDGR	Common Stock	Sale	-$119K	-5.49K	-16.62%	$21.76	27.5K	Mar 3, 2025	Direct	F2, F4

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	+50K		$0.00	50K	Mar 3, 2025	Common Stock	50K	$21.24	Direct	F5

* 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, as amended. Each RSU represents a contingent right to receive one share of common stock of the Issuer. The RSUs were granted on March 3, 2025 and will vest in equal installments on each of March 4, 2026, 2027, 2028 and 2029, subject to the Reporting Person's continued service with the company.
F2	Includes 12,500 unvested RSUs.
F3	Represents the portion of the performance-based restricted stock units ("PRSUs") that were awarded to the reporting person on August 18, 2022 in connection with the commencement of his employment that vested on March 3, 2025 following certification by the compensation committee of the issuer's board of directors of the level of achievement of certain performance metrics for the PRSUs.
F4	This sale was effected pursuant to a durable automatic sale instruction under Rule 10b5-1 adopted by the reporting person on August 16, 2022 and represents a broker-assisted sale of shares to satisfy the payment of withholding tax liability incurred upon the vesting of the PRSUs on March 3, 2025. The sale does not represent a discretionary trade by the reporting person.
F5	The option was granted on March 3, 2025. The shares underlying the option are scheduled to vest with respect to 25% of the shares on March 3, 2026 and the remainder are scheduled to vest in equal monthly installments through March 3, 2029.