WILLIAM C. COBB - 01 Jun 2023 Form 4 Insider Report for Frontdoor, Inc. (FTDR)

Role: CEO, Director
Signature: /s/ Stephanie Delavale, as Attorney-In-Fact for William C. Cobb
Issuer symbol: FTDR
Transactions as of: 01 Jun 2023
Net transactions value: -$294,334
Form type: 4
Filing time: 05 Jun 2023, 16:45:44 UTC
Previous filing: 27 Apr 2023
Next filing: 27 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FTDR	Common Stock	Options Exercise		+10,105	+33%		40,877	01 Jun 2023	Direct	F1
transaction	FTDR	Common Stock	Tax liability	$135,837	-4,406	-11%	$30.83	36,471	01 Jun 2023	Direct	F2
transaction	FTDR	Common Stock	Options Exercise		+11,790	+32%		48,261	01 Jun 2023	Direct	F1
transaction	FTDR	Common Stock	Tax liability	$158,497	-5,141	-11%	$30.83	43,120	01 Jun 2023	Direct	F2
holding	FTDR	Common Stock						10,000	01 Jun 2023	William & Carole Cobb 2000 Family Trust

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	-10,105	-50%	$0.000000	10,105	01 Jun 2023	Common Stock	10,105		Direct	F1, F3
transaction	FTDR	Restricted Stock Units	Options Exercise	$0	-11,790	-33%	$0.000000	23,578	01 Jun 2023	Common Stock	11,790		Direct	F1, F4

* 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 June 1, 2022 and vest and settle in two equal installments on June 1, 2023 and 2024, subject to continued employment with the Company.
F4	Each unit is the economic equivalent of one share of the Company's stock. The restricted stock units were granted on June 1, 2022 and will vest and settle in three equal installments on June 1, 2023, 2024 and 2025, subject to continued employment with the Company.