4//SEC Filing
Iverson Evan 4
Accession 0000950170-25-069141
CIK 0001727263other
Filed
May 11, 8:00 PM ET
Accepted
May 12, 4:03 PM ET
Size
11.4 KB
Accession
0000950170-25-069141
Insider Transaction Report
Form 4
Frontdoor, Inc.FTDR
Iverson Evan
SVP & Chief Operating Officer
Transactions
- Sale
Common Stock
2025-05-08$53.41/sh−6,077$324,559→ 13,093 total - Exercise/Conversion
Employee Stock Options (Right to Buy)
2025-05-08−6,077→ 22,773 totalExercise: $26.42Exp: 2033-03-27→ Common Stock (6,077 underlying) - Exercise/Conversion
Common Stock
2025-05-08$26.42/sh+6,077$160,554→ 19,170 total - Sale
Common Stock
2025-05-08$53.42/sh−8,500$454,063→ 4,593 total
Footnotes (3)
- [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.
- [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.
- [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.
Documents
Issuer
Frontdoor, Inc.
CIK 0001727263
Entity typeother
Related Parties
1- filerCIK 0002007420
Filing Metadata
- Form type
- 4
- Filed
- May 11, 8:00 PM ET
- Accepted
- May 12, 4:03 PM ET
- Size
- 11.4 KB