Chastitie Brim - 28 Mar 2022 Form 4 Insider Report for Frontdoor, Inc. (FTDR)

Role
VP, Controller & CAO
Signature
/s/ Stephanie Delavale, as Attorney-In-Fact for Chastitie Brim
Issuer symbol
FTDR
Transactions as of
28 Mar 2022
Net transactions value
-$17,981
Form type
4
Filing time
30 Mar 2022, 16:08:48 UTC
Previous filing
27 May 2021
Next filing
01 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTDR Common Stock Options Exercise +917 +17% 6,392 29 Mar 2022 Direct F1, F2
transaction FTDR Common Stock Tax liability $9,811 -341 -5.3% $28.77 6,051 29 Mar 2022 Direct F3
transaction FTDR Common Stock Options Exercise +760 +13% 6,811 29 Mar 2022 Direct F1
transaction FTDR Common Stock Tax liability $8,171 -284 -4.2% $28.77 6,527 29 Mar 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 +5,205 $0.000000 5,205 28 Mar 2022 Common Stock 5,205 Direct F1, F4
transaction FTDR Employee Stock Options (Right to Buy) Award $0 +10,260 $0.000000 10,260 28 Mar 2022 Common Stock 10,260 $28.82 Direct F5
transaction FTDR Restricted Stock Units Options Exercise $0 -917 -100% $0.000000* 0 29 Mar 2022 Common Stock 917 Direct F1, F6
transaction FTDR Restricted Stock Units Options Exercise $0 -760 -33% $0.000000 1,520 29 Mar 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.