Evan Iverson - 08 May 2025 Form 4 Insider Report for Frontdoor, Inc. (FTDR)

Signature
/s/ Stephanie Delavale, as Attorney-In-Fact for Evan Iverson
Issuer symbol
FTDR
Transactions as of
08 May 2025
Net transactions value
-$618,068
Form type
4
Filing time
12 May 2025, 16:03:58 UTC
Previous filing
01 Apr 2025
Next filing
03 Jun 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Iverson Evan SVP & Chief Operating Officer 3400 PLAYERS CLUB PARKWAY, MEMPHIS /s/ Stephanie Delavale, as Attorney-In-Fact for Evan Iverson 12 May 2025 0002007420

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTDR Common Stock Options Exercise $160,554 +6,077 +46% $26.42 19,170 08 May 2025 Direct
transaction FTDR Common Stock Sale $324,559 -6,077 -32% $53.41 13,093 08 May 2025 Direct F1
transaction FTDR Common Stock Sale $454,063 -8,500 -65% $53.42 4,593 08 May 2025 Direct F2

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 Employee Stock Options (Right to Buy) Options Exercise $0 -6,077 -21% $0.000000 22,773 08 May 2025 Common Stock 6,077 $26.42 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $53.26 to $53.57, inclusive. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F2 This transaction was executed in multiple trades at prices ranging from $53.26 to $53.61, inclusive. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F3 Reflects non-qualified stock options with time- and performance-based vesting conditions awarded to the Reporting Person on March 27, 2023. The award includes three tranches of 6,077, 9,393 and 13,380 options respectively, each with a separate performance condition based on the volume-weighted average price of the Company's common stock on the NASDAQ of $32.23, $35.14 and $38.31, respectively, over any 20 consecutive trading-day period. The time-based vesting condition for all three tranches was satisfied on March 27, 2024. The performance-based vesting condition was satisfied on July 20, 2023, August 8, 2023 and August 2, 2024, respectively, as certified by the Compensation Committee of the Company's Board of Directors. The Reporting Person exercised the first tranche of the award which became exercisable on March 27, 2024; the second and third tranches of the award that became exercisable on March 27, 2024 and August 2, 2024, respectively, remain outstanding.