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

Role
President & CEO, Director
Signature
/s/ Stephanie Delavale, as Attorney-In-Fact for Rexford Tibbens
Issuer symbol
FTDR
Transactions as of
28 Mar 2022
Net transactions value
-$266,439
Form type
4
Filing time
30 Mar 2022, 16:10:46 UTC
Previous filing
18 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 +9,667 +18% 62,475 29 Mar 2022 Direct F1, F2
transaction FTDR Common Stock Tax liability $109,441 -3,804 -6.1% $28.77 58,671 29 Mar 2022 Direct F3
transaction FTDR Common Stock Options Exercise +13,866 +24% 72,537 29 Mar 2022 Direct F1
transaction FTDR Common Stock Tax liability $156,998 -5,457 -7.5% $28.77 67,080 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 +86,745 $0.000000 86,745 28 Mar 2022 Common Stock 86,745 Direct F1, F4
transaction FTDR Restricted Stock Units Options Exercise $0 -9,667 -100% $0.000000* 0 29 Mar 2022 Common Stock 9,667 Direct F1, F5
transaction FTDR Restricted Stock Units Options Exercise $0 -13,866 -33% $0.000000 27,732 29 Mar 2022 Common Stock 13,866 Direct F1, F6
* 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 497 shares of the Company's common stock acquired under the Frontdoor, Inc. 2019 Employee Stock Purchase Plan on June 30, 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 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.
F6 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.