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Schrodinger, Inc. — Director's Dealing 2020
Sep 17, 2020
31925_dirs_2020-09-17_c6384473-3a3b-4aaa-8567-b4f5f7886f7c.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: 2020-09-15
Reporting Person: SHAW DAVID E (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-09-15 | Common Stock, par value $0.01 per share | S | 107707 | $53.3355 | Disposed | 360182 | Indirect |
| 2020-09-15 | Common Stock, par value $0.01 per share | S | 65485 | $54.073 | Disposed | 294697 | Indirect |
| 2020-09-15 | Common Stock, par value $0.01 per share | S | 24242 | $55.722 | Disposed | 270455 | Indirect |
| 2020-09-15 | Common Stock, par value $0.01 per share | S | 8477 | $56.3081 | Disposed | 261978 | Indirect |
| 2020-09-15 | Common Stock, par value $0.01 per share | S | 54 | $57.2496 | Disposed | 261924 | Indirect |
| 2020-09-16 | Common Stock, par value $0.01 per share | S | 97370 | $52.7333 | Disposed | 164554 | Indirect |
| 2020-09-16 | Common Stock, par value $0.01 per share | S | 110631 | $53.668 | Disposed | 53923 | Indirect |
| 2020-09-17 | Common Stock, par value $0.01 per share | S | 44541 | $51.8166 | Disposed | 9382 | Indirect |
| 2020-09-17 | Common Stock, par value $0.01 per share | S | 9382 | $52.2097 | Disposed | 0 | Indirect |
| 2020-09-17 | Common Stock, par value $0.01 per share | S | 80405 | $51.4293 | Disposed | 1052753 | Indirect |
| 2020-09-17 | Common Stock, par value $0.01 per share | S | 25595 | $52.0024 | Disposed | 1027158 | 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 $52.72 to $53.715, 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: D. E. Shaw & Co., L.P. is the investment adviser of D. E. Shaw Valence Portfolios, L.L.C. Additionally, David E. Shaw is President and sole shareholder of D. E. Shaw & Co. II, Inc., which is the managing member of D. E. Shaw & Co., L.L.C., which is the manager of D. E. Shaw Valence Portfolios, L.L.C. 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 $53.72 to $54.59, 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 $55.15 to $56.04, 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.
F6: This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $56.15 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.
F7: This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $57.22 to $57.26, 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 $52.29 to $53.285, 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 $53.29 to $54.065, 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 $51.13 to $52.125, 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 $52.13 to $52.365, 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 $50.825 to $51.82, 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: 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.
F14: This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $51.83 to $52.275, 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.
F15: 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.
F16: 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.