Chastitie Brim - 25 Mar 2024 Form 4 Insider Report for Frontdoor, Inc. (FTDR)

Role
VP, Controller & CAO
Signature
/s/ Stephanie Delavale, as Attorney-In-Fact for Chastitie Brim
Issuer symbol
FTDR
Transactions as of
25 Mar 2024
Net transactions value
$0
Form type
4
Filing time
27 Mar 2024, 16:21:00 UTC
Previous filing
03 Apr 2023
Next filing
29 Mar 2024
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FTDR Restricted Stock Units Award $0 +6,260 $0.000000 6,260 25 Mar 2024 Common Stock 6,260 Direct F1, F2
transaction FTDR Employee Stock Options (Right to Buy) Award $0 +13,504 $0.000000 13,504 25 Mar 2024 Common Stock 13,504 $31.95 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects restricted stock units that upon vesting convert into shares of common stock on a one-for-one basis.
F2 Each unit is the economic equivalent of one share of the Company's stock. The restricted stock units were granted on March 25, 2024 and will vest and settle in three equal installments on March 25, 2025, 2026 and 2027, subject to continued service with the Company.
F3 Non-qualified stock options granted on March 25, 2024 will vest 25% on March 25, 2025, and thereafter vest 6.25% quarterly over the next three years on the quarterly anniversary of the grant date, such that all shares will have vested on March 25, 2028, subject to continued service with the Company.