Schrodinger Boosts Director Compensation with Fresh Equity Package
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Schrodinger Director Michael Lynton reported significant equity compensation grants on June 18, 2025, consisting of two main components:
- 5,997 Restricted Stock Units (RSUs) granted under the 2022 Equity Incentive Plan, bringing total beneficial ownership to 17,247 shares. These RSUs vest after 12 months or by the next annual stockholder meeting, with deferred settlement until 30 days after separation or change in control.
- 9,341 Stock Options with a $21.05 exercise price, expiring June 18, 2035. The options follow the same vesting schedule as the RSUs - one year or next annual meeting, subject to continued service.
The Form 4 filing, executed by Donald Shum as attorney-in-fact on June 20, 2025, reflects standard director compensation practices and aligns the director's interests with shareholders through equity-based awards. All securities are held directly with no indirect ownership reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lynton Michael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 9,341 | $0.00 | -- |
| Grant/Award | Common Stock | 5,997 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 9,341 shares (Direct);
Common Stock — 17,247 shares (Direct)
Footnotes (1)
- Grant of restricted stock units ("RSUs") under the Issuer's 2022 Equity Incentive Plan, as amended. Each RSU represents a contingent right to receive one share of common stock of the Issuer. The RSUs were granted on June 18, 2025 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. The settlement of such RSUs will be deferred until the earlier of (i) the 30th day following the reporting person's separation from service from the Issuer or (ii) certain change in control events. Includes 5,997 unvested RSUs. The option was granted on June 18, 2025 under the Issuer's 2022 Equity Incentive Plan, as amended. 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.
FAQ
What stock options did SDGR director Michael Lynton receive on June 18, 2025?
Michael Lynton received stock options to buy 9,341 shares of SDGR common stock at an exercise price of $21.05. These options were granted under the company's 2022 Equity Incentive Plan and will vest on June 18, 2026 (or earlier if the next annual meeting occurs before then), with an expiration date of June 18, 2035.
How many restricted stock units (RSUs) were granted to Michael Lynton in SDGR's latest Form 4?
According to the Form 4, Michael Lynton was granted 5,997 restricted stock units (RSUs) on June 18, 2025. These RSUs will vest after twelve months or by the next annual stockholder meeting, whichever comes first. After this grant, Lynton's total beneficial ownership includes 17,247 shares, of which 5,997 are unvested RSUs.
When will SDGR director Michael Lynton's new RSUs vest and settle?
The RSUs will vest on June 18, 2026 (or earlier if the next annual meeting occurs before then). However, settlement of the RSUs will be deferred until either: (1) 30 days after Lynton's separation from service from Schrodinger, or (2) upon certain change in control events, whichever occurs first.
What is the total value of SDGR stock options granted to Michael Lynton in June 2025?
Michael Lynton received 9,341 stock options with an exercise price of $21.05 per share. These were granted at $0 cost to Lynton as part of his director compensation under the company's 2022 Equity Incentive Plan. The potential value will depend on SDGR's stock price performance above the $21.05 exercise price through June 18, 2035.