Rexford Tibbens - 15 May 2021 Form 4 Insider Report for frontdoor, inc. (FTDR)

Signature
/s/ Stephanie Delavale, as Attorney-In-Fact for Rexford Tibbens
Issuer symbol
FTDR
Transactions as of
15 May 2021
Net transactions value
-$177,676
Form type
4
Filing time
18 May 2021, 16:04:11 UTC
Next filing
30 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTDR Common Stock Options Exercise +8,731 +19% 55,747 15 May 2021 Direct F1
transaction FTDR Common Stock Tax liability $177,676 -3,436 -6.2% $51.71 52,311 15 May 2021 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 Restricted Stock Units Options Exercise $0 -8,731 -100% $0.000000* 0 15 May 2021 Common Stock 8,731 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 converted 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 common stock. The restricted stock units were granted May 15, 2018, and vest and settle in three equal installments on May 15, 2019, 2020 and 2021, subject to continued employment with the Company.