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Schrodinger, Inc. — Director's Dealing 2021
Jul 16, 2021
31925_dirs_2021-07-16_4578a007-9e45-4124-a537-b66efc816a81.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: 2021-07-15
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 |
|---|---|---|---|---|---|---|---|
| 2021-07-15 | Common Stock, par value $0.01 per share | S | 9280 | $65.7859 | Disposed | 6245181 | Indirect |
| 2021-07-15 | Common Stock, par value $0.01 per share | S | 44228 | $66.7421 | Disposed | 6200953 | Indirect |
| 2021-07-15 | Common Stock, par value $0.01 per share | S | 5850 | $67.3745 | Disposed | 6195103 | Indirect |
| 2021-07-16 | Common Stock, par value $0.01 per share | S | 3177 | $66.0805 | Disposed | 6191926 | Indirect |
| 2021-07-16 | Common Stock, par value $0.01 per share | S | 23713 | $67.1294 | Disposed | 6168213 | Indirect |
| 2021-07-16 | Common Stock, par value $0.01 per share | S | 2110 | $67.6055 | Disposed | 6166103 | 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 May 13, 2021.
F2: This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $65.21 to $66.20, 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.
F3: 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.
F4: This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $66.21 to $67.20 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.
F5: This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $67.22 to $67.48, 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 $65.47 to $66.46, 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 $66.48 to $67.47, 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 $67.48 to $68.09, 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: 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.