Chastitie Brim - Mar 28, 2022 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 28, 2022
Transactions value $
-$17,981
Form type
4
Date filed
3/30/2022, 04:08 PM
Previous filing
May 27, 2021
Next filing
Apr 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTDR Common Stock Options Exercise +917 +16.75% 6.39K Mar 29, 2022 Direct F1, F2
transaction FTDR Common Stock Tax liability -$9.81K -341 -5.33% $28.77 6.05K Mar 29, 2022 Direct F3
transaction FTDR Common Stock Options Exercise +760 +12.56% 6.81K Mar 29, 2022 Direct F1
transaction FTDR Common Stock Tax liability -$8.17K -284 -4.17% $28.77 6.53K Mar 29, 2022 Direct F3

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 +5.21K $0.00 5.21K Mar 28, 2022 Common Stock 5.21K Direct F1, F4
transaction FTDR Employee Stock Options (Right to Buy) Award $0 +10.3K $0.00 10.3K Mar 28, 2022 Common Stock 10.3K $28.82 Direct F5
transaction FTDR Restricted Stock Units Options Exercise $0 -917 -100% $0.00* 0 Mar 29, 2022 Common Stock 917 Direct F1, F6
transaction FTDR Restricted Stock Units Options Exercise $0 -760 -33.33% $0.00 1.52K Mar 29, 2022 Common Stock 760 Direct F1, F7
* 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 Includes 83 aggregate shares of the Company's common stock acquired under the Frontdoor, Inc. 2019 Employee Stock Purchase Plan on June 30, 2021 and December 31,2021.
F3 Reflects shares withheld to cover the Reporting Person's tax liability incident to the vesting of restricted stock units.
F4 Each unit is the economic equivalent of one share of the Company's stock. The restricted stock units were granted on March 28, 2022 and will vest and settle in three equal installments on March 28, 2023, 2024 and 2025, subject to continued employment with the Company.
F5 Non-qualified stock options granted on March 28, 2022 will vest 25% on March 28, 2023, 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 28, 2026, subject to continued employment with the Company.
F6 Each unit is the economic equivalent of one share of the Company's stock. The restricted stock units were granted on March 29, 2019 and vested and settled in three equal installments on March 29, 2020, 2021 and 2022, subject to continued employment with the Company.
F7 Each unit is the economic equivalent of one share of the Company's stock. The restricted stock units were granted on March 29, 2021 and will vest and settle in three equal installments on March 29, 2022, 2023 and 2024, subject to continued employment with the Company.