Evan Iverson - 27 Mar 2024 Form 4 Insider Report for Frontdoor, Inc. (FTDR)

Role
SVP & Chief Operations Officer
Signature
/s/ Stephanie Delavale, as Attorney-In-Fact for Evan Iverson
Issuer symbol
FTDR
Transactions as of
27 Mar 2024
Transactions value $
-$53,283
Form type
4
Filing time
29 Mar 2024, 16:18:37 UTC
Previous filing
27 Mar 2024
Next filing
01 Apr 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 +3,785 +27% 17,753 27 Mar 2024 Direct F1
transaction FTDR Common Stock Tax liability -$32,830 -1,036 -5.8% $31.69 16,717 27 Mar 2024 Direct F2
transaction FTDR Common Stock Options Exercise +2,313 +14% 19,030 28 Mar 2024 Direct F1
transaction FTDR Common Stock Tax liability -$20,452 -633 -3.3% $32.31 18,397 28 Mar 2024 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 Options Exercise $0 -3,785 -33% $0 7,570 27 Mar 2024 Common Stock 3,785 Direct F1, F3
transaction FTDR Restricted Stock Units Options Exercise $0 -2,313 -50% $0 2,313 28 Mar 2024 Common Stock 2,313 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 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 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 vest and settle in three equal installments on March 28, 2023, 2024 and 2025, subject to continued service with the Company.