WILLIAM C. COBB - 27 Mar 2023 Form 4 Insider Report for Frontdoor, Inc. (FTDR)

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	+104,088		$0.000000	104,088	27 Mar 2023	Common Stock	104,088		Direct	F1, F2
transaction	FTDR	Employee Stock Option (right to buy)	Award	$0	+264,456		$0.000000	264,456	27 Mar 2023	Common Stock	264,456	$26.42	Direct	F3

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

Id	Content
F1	Reflects restricted stock units that upon vesting convert into shares of common stock on a one-for-one basis.
F2	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.
F3	The service condition will fully vest one year from the grant date, on March 27, 2024. The performance-vesting criteria will vest in three performance tranches of 55,709, 86,101 and 122,646 shares respectively, each with a separate performance condition based on the volume-weighted average price of the Company's common stock on the NASDAQ of $32.23, $35.14 and $38.31, respectively, over any 20 consecutive trading-day period beginning on the grant date and ending on March 27, 2027, subject to continued service with the Company.