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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.