Form 4 for FTDR Frontdoor, Inc.
Accepted 2025-05-12 00:00:00 ET · period of report 2025-05-08 · accession 0000950170-25-069141 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-05-12 | 2025-05-08 | FTDR | Iverson Evan | SVP, COO | S - Sale+OE | $53.42 | -14.6K | 13.1K | -53% | -$778.6K |
| D | 2025-05-12 | 2025-05-08 | FTDR | Iverson Evan | SVP, COO | M - OptEx | $26.42 | +6,077 | 19.2K | +46% | +$160.6K |
| D | 2025-05-12 | 2025-05-08 | FTDR | Iverson Evan | SVP, COO | M - OptEx | $0.00 | -6,077 | 22.8K | -21% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-05-08 | S | D | 8,500 | $53.42 | 4,593 | D | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $53.26 to $53.61, inclusive. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. |
| 2 | Common | Common Stock | 2025-05-08 | M | A | 6,077 | $26.42 | 19,170 | D | — | — | |
| 3 | Common | Common Stock | 2025-05-08 | S | D | 6,077 | $53.41 | 13,093 | D | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $53.26 to $53.57, inclusive. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. |
| 4 | Derivative | Employee Stock Options (Right to Buy) | 2025-05-08 | M | D | 6,077 | $0.00 | 22,773 | D | $26.42 · — to 2033-03-27 | 6,077 Common Stock | (F3) Reflects non-qualified stock options with time- and performance-based vesting conditions awarded to the Reporting Person on March 27, 2023. The award includes three tranches of 6,077, 9,393 and 13,380 options 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. The time-based vesting condition for all three tranches was satisfied on March 27, 2024. The performance-based vesting condition was satisfied on July 20, 2023, August 8, 2023 and August 2, 2024, respectively, as certified by the Compensation Committee of the Company's Board of Directors. The Reporting Person exercised the first tranche of the award which became exercisable on March 27, 2024; the second and third tranches of the award that became exercisable on March 27, 2024 and August 2, 2024, respectively, remain outstanding. |