Schrodinger Boosts Director Retention with Mixed Stock and Option Awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Schrodinger Director Receives Equity Compensation
Director Bridget van Kralingen received new equity awards from Schrodinger (SDGR) on June 18, 2025, consisting of:
- 1,499 Restricted Stock Units (RSUs) with a $0 exercise price, bringing total RSU holdings to 11,499 units
- 2,335 Stock Options with an exercise price of $21.05, expiring June 18, 2035
Both awards vest on the earlier of (1) the twelve-month anniversary of the grant date or (2) the next annual stockholder meeting, subject to continued service. RSU settlement is deferred until 30 days after separation from service or a change in control event. The grants were made under the company's 2022 Equity Incentive Plan. This filing represents standard board of director compensation rather than open market transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
van Kralingen Bridget A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 2,335 | $0.00 | -- |
| Grant/Award | Common Stock | 1,499 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 2,335 shares (Direct);
Common Stock — 11,499 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 11,499 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 compensation did SDGR director Bridget van Kralingen receive in June 2025?
On June 18, 2025, Bridget van Kralingen received two forms of equity compensation: 1,499 restricted stock units (RSUs) and stock options to purchase 2,335 shares at $21.05 per share. Both the RSUs and options vest on the twelve-month anniversary of the grant date or earlier if the next annual stockholder meeting occurs before then.
When do SDGR director van Kralingen's June 2025 RSUs vest and settle?
The RSUs vest on June 18, 2026 (or earlier if the next annual stockholder meeting occurs first). Settlement is deferred until either (1) 30 days after van Kralingen's separation from service from SDGR, or (2) upon certain change in control events.
What is the exercise price and expiration date of SDGR stock options granted to van Kralingen?
The stock options were granted with an exercise price of $21.05 per share and expire on June 18, 2035, ten years from the grant date. The options were granted under SDGR's 2022 Equity Incentive Plan.
How many unvested RSUs does Bridget van Kralingen own in SDGR after the June 2025 grant?
Following the June 18, 2025 grant, Bridget van Kralingen owns 11,499 unvested restricted stock units (RSUs) of SDGR, which includes the newly granted 1,499 RSUs.