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

Role
VP, Controller & CAO
Signature
/s/ Stephanie Delavale, as Attorney-In-Fact for Chastitie Brim
Stock symbol
FTDR
Transactions as of
Mar 25, 2024
Transactions value $
$0
Form type
4
Date filed
3/27/2024, 04:21 PM
Previous filing
Apr 3, 2023
Next filing
Mar 29, 2024

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 +6.26K $0.00 6.26K Mar 25, 2024 Common Stock 6.26K Direct F1, F2
transaction FTDR Employee Stock Options (Right to Buy) Award $0 +13.5K $0.00 13.5K Mar 25, 2024 Common Stock 13.5K $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.