Form 4 for FTDR Frontdoor, Inc.
Accepted 2023-03-29 00:00:00 ET · period of report 2023-03-27 · accession 0001209191-23-021523 · 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 | 2023-03-29 | 2023-03-28+ | FTDR | Fiarman Jeffrey | SVP, GC | F - Tax | $27.05 | -3,955 | 18.9K | -17% | -$107.0K |
| DM | 2023-03-29 | 2023-03-28+ | FTDR | Fiarman Jeffrey | SVP, GC | M - OptEx | — | +8,602 | 21.8K | +65% | — |
| DM | 2023-03-29 | 2023-03-28+ | FTDR | Fiarman Jeffrey | SVP, GC | M - OptEx | $0.00 | -8,602 | 2,356 | -78% | $0 |
| DM | 2023-03-29 | 2023-03-27 | FTDR | Fiarman Jeffrey | SVP, GC | A - Grant | $0.00 | +100.5K | 28.4K | New | $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 | 2023-03-29 | F | D | 1,092 | $27.30 | 20,154 | D | — | — | (F2) Reflects shares withheld to cover the Reporting Person's tax liability incident to the vesting of restricted stock units. |
| 2 | Common | Common Stock | 2023-03-29 | M | A | 2,356 | — | 21,246 | D | — | — | (F1) Reflects restricted stock units that upon vesting convert into shares of common stock on a one-for-one basis. |
| 3 | Common | Common Stock | 2023-03-28 | F | D | 2,863 | $26.95 | 18,890 | D | — | — | (F2) Reflects shares withheld to cover the Reporting Person's tax liability incident to the vesting of restricted stock units. |
| 4 | Common | Common Stock | 2023-03-28 | M | A | 6,246 | — | 21,753 | D | — | — | (F1) Reflects restricted stock units that upon vesting convert into shares of common stock on a one-for-one basis. |
| 5 | Derivative | Restricted Stock Units | 2023-03-28 | M | D | 6,246 | $0.00 | 12,491 | D | — · — to — | 6,246 Common Stock | (F1) Reflects restricted stock units that upon vesting convert into shares of common stock on a one-for-one basis. (F5) 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 will vest and settle in three equal installments on March 28, 2023, 2024 and 2025, subject to continued service with the Company. |
| 6 | Derivative | Restricted Stock Units | 2023-03-29 | M | D | 2,356 | $0.00 | 2,356 | D | — · — to — | 2,356 Common Stock | (F1) Reflects restricted stock units that upon vesting convert into shares of common stock on a one-for-one basis. (F6) 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 service with the Company. |
| 7 | Derivative | Employee Stock Option (right to buy) | 2023-03-27 | A | A | 72,124 | $0.00 | 72,124 | D | $26.42 · — to 2033-03-27 | 72,124 Common Stock | (F4) 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 15,193, 23,482 and 33,449 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. |
| 8 | Derivative | Restricted Stock Units | 2023-03-27 | A | A | 28,388 | $0.00 | 28,388 | D | — · — to — | 28,388 Common Stock | (F1) Reflects restricted stock units that upon vesting convert into shares of common stock on a one-for-one basis. (F3) 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. |