SERVICEMASTER CO, LLC 4
4 · frontdoor, inc. · Filed Mar 27, 2019
Insider Transaction Report
Form 4
frontdoor, inc.FTDR
SERVICEMASTER GLOBAL HOLDINGS INC
10% Owner
Transactions
- Other
Common Stock
2019-03-27−16,734,092→ 0 total
Footnotes (2)
- [F1]Pursuant to an Exchange Agreement (the "Agreement"), dated as of March 20, 2019, by and between The ServiceMaster Company, LLC ("SVM") and Chase Lincoln First Commercial Corporation ("Chase Lincoln"), SVM transferred 16,734,092 shares of the issuer's common stock to Chase Lincoln in exchange for certain indebtedness of SVM then owned by Chase Lincoln (the "Exchange").
- [F2]The Agreement placed a value on the issuer's common stock for purposes of the Exchange of $29.025 per share.