Jeffrey Fiarman - 01 Jun 2022 Form 4 Insider Report for Frontdoor, Inc. (FTDR)

Role: SVP & General Counsel
Signature: /s/ Stephanie Delavale, as Attorney-In-Fact for Jeffrey Fiarman
Issuer symbol: FTDR
Transactions as of: 01 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 03 Jun 2022, 16:04:58 UTC
Previous filing: 01 Apr 2022
Next filing: 29 Mar 2023
SEC: View on sec.gov

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	Employee Stock Option (right to buy)	Award	$0	+23,488		$0.000000	23,488	01 Jun 2022	Common Stock	23,488	$24.74	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The service condition will fully vest one year from the grant date, on June 1, 2023. The performance-vesting criteria will vest in three tranches of 7,595, 7,792 and 8,101 stock options, respectively, each with a separate performance condition based on the volume-weighted average price of the Company's common stock on the NASDAQ over any 20 consecutive trading-day period, beginning on the grant date and ending prior to June 1, 2026, subject to continued service with the Company.

Content

The service condition will fully vest one year from the grant date, on June 1, 2023. The performance-vesting criteria will vest in three tranches of 7,595, 7,792 and 8,101 stock options, respectively, each with a separate performance condition based on the volume-weighted average price of the Company's common stock on the NASDAQ over any 20 consecutive trading-day period, beginning on the grant date and ending prior to June 1, 2026, subject to continued service with the Company.