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Schrodinger, Inc. Director's Dealing 2020

Nov 13, 2020

31925_dirs_2020-11-13_e284944b-026f-47d3-adde-f97919fbde62.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Schrodinger, Inc. (SDGR)
CIK: 0001490978
Period of Report: 2020-11-11

Reporting Person: Abel Robert Lorne (EVP, Science)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-11-11 Common Stock M 10032 $4.34 Acquired 63541 Direct
2020-11-11 Common Stock M 5841 $3.07 Acquired 69382 Direct
2020-11-11 Common Stock S 29577 $49.5647 Disposed 39805 Direct
2020-11-11 Common Stock S 13050 $50.5871 Disposed 26755 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-11-11 Stock Option (right to buy) $4.34 M 10032 Disposed 2028-11-29 Common Stock (10032) Direct
2020-11-11 Stock Option (right to buy) $3.07 M 5841 Disposed 2026-05-10 Common Stock (5841) Direct

Footnotes

F1: These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 17, 2020.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.09 to $50.08, 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) and (3) of this Form 4.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.09 to $51.025, inclusive.

F4: The option was granted on November 29, 2018. The shares underlying the option vested with respect to 25% of the shares on December 31, 2019 and the remainder are scheduled to vest in equal monthly installments through December 31, 2022.

F5: The option was granted on May 11, 2016 and is fully vested.