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Schrodinger, Inc. — Director's Dealing 2021
Jul 7, 2021
31925_dirs_2021-07-07_8da9f9ca-6cdf-43d3-bf6f-4df1c29f0f83.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: 2021-07-06
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 |
|---|---|---|---|---|---|---|---|
| 2021-07-06 | Common Stock, par value $0.01 per share | S | 8894 | $74.6565 | Disposed | 6466764 | Indirect |
| 2021-07-06 | Common Stock, par value $0.01 per share | S | 15325 | $75.6008 | Disposed | 6451439 | Indirect |
| 2021-07-06 | Common Stock, par value $0.01 per share | S | 1011 | $76.2322 | Disposed | 6450428 | Indirect |
| 2021-07-07 | Common Stock, par value $0.01 per share | S | 12109 | $72.4884 | Disposed | 6438319 | Indirect |
| 2021-07-07 | Common Stock, par value $0.01 per share | S | 16880 | $73.2465 | Disposed | 6421439 | Indirect |
| 2021-07-07 | Common Stock, par value $0.01 per share | S | 3060 | $74.2837 | Disposed | 6418379 | Indirect |
| 2021-07-07 | Common Stock, par value $0.01 per share | S | 800 | $75.5374 | Disposed | 6417579 | 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 $74.10 to $75.095, 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 $75.10 to $76.07 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.
F5: This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $76.10 to $76.39, 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 $71.90 to $72.89, 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 $72.90 to $73.77, 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 $73.90 to $74.85, 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.
F9: This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $75.02 to $75.76, 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: 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.