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Schrodinger, Inc. — Director's Dealing 2020
Sep 24, 2020
31925_dirs_2020-09-24_81623d1c-05ad-4df7-a736-f01f3e5ecbe5.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: 2020-09-22
Reporting Person: SHAW DAVID E (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-09-22 | Common Stock, par value $0.01 per share | S | 118053 | $51.2329 | Disposed | 909105 | Indirect |
| 2020-09-22 | Common Stock, par value $0.01 per share | S | 25647 | $52.0292 | Disposed | 883458 | Indirect |
| 2020-09-22 | Common Stock, par value $0.01 per share | S | 1825 | $52.97 | Disposed | 881633 | Indirect |
| 2020-09-23 | Common Stock, par value $0.01 per share | S | 52114 | $49.7229 | Disposed | 829519 | Indirect |
| 2020-09-23 | Common Stock, par value $0.01 per share | S | 64285 | $50.7311 | Disposed | 765234 | Indirect |
| 2020-09-23 | Common Stock, par value $0.01 per share | S | 41989 | $51.2598 | Disposed | 723245 | Indirect |
| 2020-09-24 | Common Stock, par value $0.01 per share | S | 53895 | $46.9128 | Disposed | 669350 | Indirect |
| 2020-09-24 | Common Stock, par value $0.01 per share | S | 72681 | $47.7664 | Disposed | 596669 | Indirect |
| 2020-09-24 | Common Stock, par value $0.01 per share | S | 23424 | $48.5628 | Disposed | 573245 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $0.01 per share | 14890845 | Indirect |
| 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 $50.73 to $51.72, 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.
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 $51.73 to $52.51, 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 $49.15 to $50.14, 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 $50.15 to $51.145, 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: This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $51.15 to $51.65, 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.
F8: This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $46.26 to $47.25, 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 $47.26 to $48.25, 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 $48.26 to $49.18, 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: 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.
F12: 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.