Chastitie Brim - Mar 27, 2023 Form 4 Insider Report for Frontdoor, Inc. (FTDR)

Signature
/s/ Stephanie Delavale, as Attorney-In-Fact for Chastitie Brim
Stock symbol
FTDR
Transactions as of
Mar 27, 2023
Transactions value $
-$24,813
Form type
4
Date filed
3/29/2023, 04:03 PM
Previous filing
Apr 1, 2022
Next filing
Apr 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTDR Common Stock Options Exercise +1.74K +25.93% 8.43K Mar 28, 2023 Direct F1
transaction FTDR Common Stock Tax liability -$17.1K -633 -7.51% $26.95 7.79K Mar 28, 2023 Direct F2
transaction FTDR Common Stock Options Exercise +760 +9.75% 8.55K Mar 29, 2023 Direct F1
transaction FTDR Common Stock Tax liability -$7.75K -284 -3.32% $27.30 8.27K Mar 29, 2023 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 Award $0 +4.26K $0.00 4.26K Mar 27, 2023 Common Stock 4.26K Direct F1, F3
transaction FTDR Employee Stock Option (right to buy) Award $0 +9.21K $0.00 9.21K Mar 27, 2023 Common Stock 9.21K $26.42 Direct F4
transaction FTDR Restricted Stock Units Disposed to Issuer $0 -1.74K -33.33% $0.00 3.47K Mar 28, 2023 Common Stock 1.74K Direct F1, F5
transaction FTDR Restricted Stock Units Disposed to Issuer $0 -760 -50% $0.00 760 Mar 29, 2023 Common Stock 760 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 convert 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 common stock. The restricted stock units were granted on March 27, 2023 and vest and settle in three equal installments on March 27, 2024, 2025 and 2026, subject to continued service with the Company.
F4 Non-qualified stock options granted on March 27, 2023 will vest 25% on March 27, 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 27, 2027, subject to continued service 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 28, 2022 and will vest and settle in three equal installments on March 28, 2023, 2024 and 2025, subject to continued service 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 service with the Company.