Rexford Tibbens - Mar 30, 2022 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
Mar 30, 2022
Transactions value $
-$211,882
Form type
4
Date filed
4/1/2022, 04:03 PM
Previous 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 +17.8K +26.55% 84.9K Mar 30, 2022 Direct F1
transaction FTDR Common Stock Tax liability -$212K -7.01K -8.26% $30.23 77.9K Mar 30, 2022 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 -17.8K -50% $0.00 17.8K Mar 30, 2022 Common Stock 17.8K 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 stock. The restricted stock units were granted on March 30, 2020 and will vest and settle in three equal installments on March 30, 2021, 2022 and 2023, subject to continued employment with the Company.