William C. Cobb - Jun 1, 2023 Form 4 Insider Report for Frontdoor, Inc. (FTDR)

Role
CEO, Director
Signature
/s/ Stephanie Delavale, as Attorney-In-Fact for William C. Cobb
Stock symbol
FTDR
Transactions as of
Jun 1, 2023
Transactions value $
-$294,334
Form type
4
Date filed
6/5/2023, 04:45 PM
Previous filing
Apr 27, 2023
Next filing
Mar 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTDR Common Stock Options Exercise +10.1K +32.84% 40.9K Jun 1, 2023 Direct F1
transaction FTDR Common Stock Tax liability -$136K -4.41K -10.78% $30.83 36.5K Jun 1, 2023 Direct F2
transaction FTDR Common Stock Options Exercise +11.8K +32.33% 48.3K Jun 1, 2023 Direct F1
transaction FTDR Common Stock Tax liability -$158K -5.14K -10.65% $30.83 43.1K Jun 1, 2023 Direct F2
holding FTDR Common Stock 10K Jun 1, 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 -10.1K -50% $0.00 10.1K Jun 1, 2023 Common Stock 10.1K Direct F1, F3
transaction FTDR Restricted Stock Units Options Exercise $0 -11.8K -33.34% $0.00 23.6K Jun 1, 2023 Common Stock 11.8K 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.