Kathryn M. Collins - Jan 1, 2024 Form 3 Insider Report for Frontdoor, Inc. (FTDR)

Role
SVP & Chief Revenue Officer
Signature
/s/ Stephanie Delavale, as Attorney-In-Fact for Kathryn M. Collins
Stock symbol
FTDR
Transactions as of
Jan 1, 2024
Transactions value $
$0
Form type
3
Date filed
1/10/2024, 04:09 PM
Next filing
Mar 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FTDR Common Stock 2.98K Jan 1, 2024 Direct

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
holding FTDR Restricted Stock Units Jan 1, 2024 Common Stock 18.9K Direct F1, F2
holding FTDR Employee Stock Option (right to buy) Jan 1, 2024 Common Stock 48.1K $26.42 Direct F3
holding FTDR Restricted Stock Units Jan 1, 2024 Common Stock 10.9K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Reflects restricted stock units that upon vesting convert into shares of common stock on a one-for-one basis.
F3 Reflects performance non-qualified stock options granted on March 27, 2023. 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 10,129, 15,655 and 22,299 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.
F4 Each unit is the economic equivalent of one share of the Company's common stock. The restricted stock units were granted on June 9, 2022 and vest and settle in three equal installments on June 9, 2023, 2024 and 2025, subject to continued service with the Company.

Remarks:

See attached Exhibit 24 Limited Power of Attorney of Kathryn M. Collins.