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

Signature
/s/ Stephanie Delavale, as Attorney-In-Fact for Rexford Tibbens
Stock symbol
FTDR
Transactions as of
May 15, 2021
Transactions value $
-$177,676
Form type
4
Date filed
5/18/2021, 04:04 PM
Next filing
Mar 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTDR Common Stock Options Exercise +8.73K +18.57% 55.7K May 15, 2021 Direct F1
transaction FTDR Common Stock Tax liability -$178K -3.44K -6.16% $51.71 52.3K May 15, 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 -8.73K -100% $0.00* 0 May 15, 2021 Common Stock 8.73K 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.