William C. Cobb - Mar 27, 2024 Form 4 Insider Report for Frontdoor, Inc. (FTDR)

Role
CEO, Director
Signature
/s/ Stephanie Delavale, as Attorney-In-Fact for William C. Cobb
Stock symbol
FTDR
Transactions as of
Mar 27, 2024
Transactions value $
-$479,406
Form type
4
Date filed
3/29/2024, 04:15 PM
Previous filing
Mar 27, 2024
Next filing
Apr 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTDR Common Stock Options Exercise +34.7K +80.46% 77.8K Mar 27, 2024 Direct F1
transaction FTDR Common Stock Tax liability -$479K -15.1K -19.44% $31.69 62.7K Mar 27, 2024 Direct F2
holding FTDR Common Stock 10K Mar 27, 2024 William & Carole Cobb 2000 Family Trust

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 Options Exercise $0 -34.7K -33.33% $0.00 69.4K Mar 27, 2024 Common Stock 34.7K Direct F1, 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 Reflects shares withheld to cover the Reporting Person's tax liability incident to the vesting of restricted stock units.
F3 Each unit is the economic equivalent of one share of the Company's stock. The restricted stock units were granted on March 27, 2023 and vest and settle in three equal installments on March 27, 2024, 2025 and 2026, subject to continued service with the Company.