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Frontdoor, Inc. — Director's Dealing 2021
Mar 31, 2021
31036_dirs_2021-03-31_8518ce5a-7435-4565-a6a8-705258e95153.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: frontdoor, inc. (FTDR)
CIK: 0001727263
Period of Report: 2021-03-29
Reporting Person: Brim Chastitie (VP, Controller & CAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-29 | Common Stock | M | 917 | — | Acquired | 4535 | Direct |
| 2021-03-29 | Common Stock | F | 343 | $54.81 | Disposed | 4192 | Direct |
| 2021-03-30 | Common Stock | M | 1048 | — | Acquired | 5240 | Direct |
| 2021-03-30 | Common Stock | F | 392 | $52.72 | Disposed | 4848 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-29 | Restricted Stock Units | $ | A | 2280 | Acquired | Common Stock (2280) | Direct | |
| 2021-03-29 | Employee Stock Options (Right to Buy) | $54.81 | A | 4449 | Acquired | 2031-03-29 | Common Stock (4449) | Direct |
| 2021-03-29 | Restricted Stock Units | $ | M | 917 | Disposed | Common Stock (917) | Direct | |
| 2021-03-30 | Restricted Stock Units | $ | M | 1048 | Disposed | Common Stock (1048) | Direct |
Footnotes
F1: Reflects restricted stock units that upon vesting converted 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 29, 2021 and will vest and settle in three equal installments on March 29, 2022, 2023 and 2024, subject to continued employment with the Company.
F4: Non-qualified stock options granted on March 29, 2021 will vest 25% on March 29, 2022, and thereafter vest 6.25% quarterly over the next three years on the quarterly anniversary of the grant date, such that all shares will have vested on March 29, 2025, subject to continued employment with the Company.
F5: Each unit is the economic equivalent of one share of the Company's stock. The restricted stock units were granted on March 29, 2019 and will vest and settle in three equal installments on March 29, 2020, 2021 and 2022, subject to continued employment with the Company.
F6: Each unit is the economic equivalent of one share of the Company's stock. The restricted stock units were granted on March 30, 2020 and will vest and settle in three equal installments on March 30, 2021, 2022 and 2023, subject to continued employment with the Company.