{"id":815575,"date":"2025-02-20T08:33:17","date_gmt":"2025-02-20T13:33:17","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/schrodinger-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-25\/"},"modified":"2025-02-20T08:33:17","modified_gmt":"2025-02-20T13:33:17","slug":"schrodinger-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-25","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/schrodinger-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-25\/","title":{"rendered":"Schr\u00f6dinger Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Schr\u00f6dinger Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nSchr\u00f6dinger, Inc. (Nasdaq: SDGR) today reported that on February 17, 2025, the company granted restricted stock units (RSUs) with respect to 5,445 shares of the company\u2019s common stock to five newly hired employees. These grants were made pursuant to the company\u2019s 2021 Inducement Equity Incentive Plan, were approved by the compensation committee of the board of directors pursuant to a delegation by the company\u2019s board of directors, and were made as a material inducement to such employees\u2019 acceptance of employment with the company in accordance with Nasdaq Listing Rule 5635(c)(4) as a component of his or her employment compensation.\n<\/p>\n<p>\nThe RSUs vest over four years, with 25 percent of such RSUs vesting when such employee completes 12 months of continuous service measured from the vesting commencement date, and the balance of the RSUs vesting in a series of successive equal yearly installments of 1\/4 of the original number of RSUs upon each such employee\u2019s completion of each additional year of service over the three-year period following the first anniversary of the vesting commencement date.\n<\/p>\n<p>\nThe inducement grants are subject to the terms and conditions of award agreements covering the grants and the company\u2019s 2021 Inducement Equity Incentive Plan.\n<\/p>\n<p><b>About Schr\u00f6dinger<\/b><\/p>\n<p>\nSchr\u00f6dinger is transforming molecular discovery with its computational platform, which enables the discovery of novel, highly optimized molecules for drug development and materials design. Schr\u00f6dinger\u2019s software platform is built on more than 30 years of R&amp;D investment and is licensed by biotechnology, pharmaceutical and industrial companies, and academic institutions around the world. Schr\u00f6dinger also leverages the platform to advance a portfolio of collaborative and proprietary programs and is advancing three clinical-stage oncology programs. Founded in 1990, Schr\u00f6dinger has approximately 900 employees operating from 15 locations globally. To learn more, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.schrodinger.com&amp;esheet=54209887&amp;newsitemid=20250220019790&amp;lan=en-US&amp;anchor=www.schrodinger.com&amp;index=1&amp;md5=8248d1a8ad62a8b4a33c88a054921dbe\">www.schrodinger.com<\/a>, follow us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fschr-dinger%2F%3FviewAsMember%3Dtrue&amp;esheet=54209887&amp;newsitemid=20250220019790&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=2&amp;md5=9c64526655221f3d35aec2e776ab3f03\">LinkedIn<\/a>, or visit our blog, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2FExtrapolations.com&amp;esheet=54209887&amp;newsitemid=20250220019790&amp;lan=en-US&amp;anchor=Extrapolations.com&amp;index=3&amp;md5=222f6dae6ed1e204918fc0ba14f36adc\">Extrapolations.com<\/a><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250220019790r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250220019790\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250220019790\/en\/<\/a><\/span><\/p>\n<p><b>Investor :<br \/>\n<\/b><br \/>Allie Nicodemo<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:allie.nicodemo@schrodinger.com\">allie.nicodemo@schrodinger.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Software Biotechnology Oncology Health Technology Clinical Trials Other Technology Other Health<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250220019790\/en\/1376196\/3\/New_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Schr\u00f6dinger Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4) NEW YORK&#8211;(BUSINESS WIRE)&#8211; Schr\u00f6dinger, Inc. (Nasdaq: SDGR) today reported that on February 17, 2025, the company granted restricted stock units (RSUs) with respect to 5,445 shares of the company\u2019s common stock to five newly hired employees. These grants were made pursuant to the company\u2019s 2021 Inducement Equity Incentive Plan, were approved by the compensation committee of the board of directors pursuant to a delegation by the company\u2019s board of directors, and were made as a material inducement to such employees\u2019 acceptance of employment with the company in accordance with Nasdaq Listing Rule 5635(c)(4) as a component of his or her employment compensation. The RSUs vest over four years, with 25 percent &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/schrodinger-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-25\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Schr\u00f6dinger Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-815575","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Schr\u00f6dinger Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/schrodinger-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-25\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Schr\u00f6dinger Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Schr\u00f6dinger Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4) NEW YORK&#8211;(BUSINESS WIRE)&#8211; Schr\u00f6dinger, Inc. (Nasdaq: SDGR) today reported that on February 17, 2025, the company granted restricted stock units (RSUs) with respect to 5,445 shares of the company\u2019s common stock to five newly hired employees. These grants were made pursuant to the company\u2019s 2021 Inducement Equity Incentive Plan, were approved by the compensation committee of the board of directors pursuant to a delegation by the company\u2019s board of directors, and were made as a material inducement to such employees\u2019 acceptance of employment with the company in accordance with Nasdaq Listing Rule 5635(c)(4) as a component of his or her employment compensation. 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