Friesner Richard 4
4 · Schrodinger, Inc. · Filed Jun 16, 2023
Insider Transaction Report
Form 4
Friesner Richard
Director
Transactions
- Award
Stock Option (right to buy)
2023-06-15+12,500→ 12,500 totalExercise: $45.26Exp: 2033-06-15→ Common Stock (12,500 underlying) - Award
Common Stock
2023-06-15+6,250→ 510,700 total
Holdings
- 694,925(indirect: By Trust)
Common Stock
- 28,328(indirect: By Spouse)
Common Stock
Footnotes (4)
- [F1]Grant of restricted stock units ("RSUs") under the Issuer's 2022 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of common stock of the Issuer. The RSUs were granted on June 15, 2023 and shall vest on the twelve-month anniversary of the date of grant of the award (or, if earlier, the date of the next annual meeting of stockholders following the date of grant of the award), subject to continued service.
- [F2]Includes 6,250 unvested RSUs.
- [F3]These shares are owned directly by the RF 2018 GRAT (the "Trust"), a grantor retained annuity trust, and indirectly by Dr. Friesner as trustee and sole annuitant of the Trust.
- [F4]The option was granted on June 15, 2023. The award shall vest on the twelve-month anniversary of the date of grant of the award (or, if earlier, the date of the next annual meeting of stockholders following the date of grant of the award), subject to continued service.