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

Role
President & CEO, Director
Signature
/s/ Stephanie Delavale, as Attorney-In-Fact for Rexford Tibbens
Stock symbol
FTDR
Transactions as of
Mar 28, 2022
Transactions value $
-$266,439
Form type
4
Date filed
3/30/2022, 04:10 PM
Previous filing
May 18, 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 +9.67K +18.31% 62.5K Mar 29, 2022 Direct F1, F2
transaction FTDR Common Stock Tax liability -$109K -3.8K -6.09% $28.77 58.7K Mar 29, 2022 Direct F3
transaction FTDR Common Stock Options Exercise +13.9K +23.63% 72.5K Mar 29, 2022 Direct F1
transaction FTDR Common Stock Tax liability -$157K -5.46K -7.52% $28.77 67.1K 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 +86.7K $0.00 86.7K Mar 28, 2022 Common Stock 86.7K Direct F1, F4
transaction FTDR Restricted Stock Units Options Exercise $0 -9.67K -100% $0.00* 0 Mar 29, 2022 Common Stock 9.67K Direct F1, F5
transaction FTDR Restricted Stock Units Options Exercise $0 -13.9K -33.33% $0.00 27.7K Mar 29, 2022 Common Stock 13.9K 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.