4//SEC Filing
Collins Kathryn M 4
Accession 0000950170-24-135780
CIK 0001727263other
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 4:08 PM ET
Size
9.5 KB
Accession
0000950170-24-135780
Insider Transaction Report
Form 4
Frontdoor, Inc.FTDR
Collins Kathryn M
SVP & Chief Revenue Officer
Transactions
- Exercise/Conversion
Common Stock
2024-12-10$26.42/sh+25,784$681,213→ 35,213 total - Exercise/Conversion
Employee Stock Options (Right to Buy)
2024-12-10−25,784→ 22,299 totalExercise: $26.42Exp: 2033-03-27→ Common Stock (25,784 underlying) - Sale
Common Stock
2024-12-10$58.06/sh−25,784$1,496,916→ 9,429 total
Footnotes (2)
- [F1]This transaction was executed in multiple trades at prices ranging from $57.42 to $58.62, 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.
- [F2]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 10,129, 15,655 and 22,299 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 for each tranche was met 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 two tranches of the award which became exercisable on March 27, 2024; the third tranche of the award became exercisable on August 2, 2024 and remains outstanding.
Documents
Issuer
Frontdoor, Inc.
CIK 0001727263
Entity typeother
Related Parties
1- filerCIK 0001673690
Filing Metadata
- Form type
- 4
- Filed
- Dec 11, 7:00 PM ET
- Accepted
- Dec 12, 4:08 PM ET
- Size
- 9.5 KB