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Schrodinger, Inc. — Director's Dealing 2020
Oct 9, 2020
31925_dirs_2020-10-09_f9645a74-b5c8-4b96-933d-5ae38d2f4a03.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: 2020-10-07
Reporting Person: SHAW DAVID E (10% Owner)
Reporting Person: Schrodinger Equity Holdings, LLC (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-10-07 | Common Stock, par value $0.01 per share | S | 52232 | $53.2941 | Disposed | 32807 | Indirect |
| 2020-10-07 | Common Stock, par value $0.01 per share | S | 11537 | $54.2244 | Disposed | 21270 | Indirect |
| 2020-10-07 | Common Stock, par value $0.01 per share | S | 21250 | $54.9643 | Disposed | 20 | Indirect |
| 2020-10-07 | Common Stock, par value $0.01 per share | S | 20 | $56.00 | Disposed | 0 | Indirect |
| 2020-10-07 | Common Stock, par value $0.01 per share | S | 131022 | $53.879 | Disposed | 14759823 | Indirect |
| 2020-10-08 | Common Stock, par value $0.01 per share | S | 82342 | $53.6468 | Disposed | 14677481 | Indirect |
| 2020-10-08 | Common Stock, par value $0.01 per share | S | 88919 | $54.617 | Disposed | 14588562 | Indirect |
| 2020-10-08 | Common Stock, par value $0.01 per share | S | 59837 | $55.2784 | Disposed | 14528725 | Indirect |
| 2020-10-09 | Common Stock, par value $0.01 per share | S | 100000 | $54.8628 | Disposed | 14428725 | Indirect |
| 2020-10-09 | Common Stock, par value $0.01 per share | S | 210000 | $55.9878 | Disposed | 14218725 | Indirect |
| 2020-10-09 | Common Stock, par value $0.01 per share | S | 162634 | $56.6855 | Disposed | 14056091 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $0.01 per share | 4264 | Indirect |
Footnotes
F1: The transactions reported in this line of this Form 4 were effected pursuant to a Rule 10b5-1 sales plan dated August 13, 2020.
F2: This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $52.88 to $53.865, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F3: David E. Shaw is President and sole shareholder of D. E. Shaw & Co., Inc., which is the general partner of D. E. Shaw & Co., L.P. David E. Shaw disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any.
F4: This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $53.89 to $54.50, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F5: This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $54.90 to $55.72, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F6: This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $53.57 to $54.07, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F7: Schrodinger Equity Holdings, LLC, which holds these securities, is owned in its entirety through a trust of which David E. Shaw is the trustee and beneficiary.
F8: This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $53.045 to $54.04, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F9: This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $54.05 to $54.85, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F10: This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $55.10 to $55.55, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F11: This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $54.45 to $55.20, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F12: This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $55.45 to $56.40, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F13: This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $56.55 to $57.10, inclusive. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F14: David E. Shaw is President and sole shareholder of D. E. Shaw & Co. II, Inc., which is the sole member of D. E. Shaw Technology Development, LLC.