SEC Form 4 · accession 0001209191-19-011540
Frontdoor, Inc. · FTDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian K Turcotte
Officer — SVP & CFO
Period of report
Feb 18, 2019
Accepted (ET)
Feb 20, 2019 · 4:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001727263
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 18, 2019 | M | 1,206 | — | A | 2,340 | D | |
| Common StockF2 | Feb 18, 2019 | F | 358 | $28.47 | D | 1,982 | D | |
| Common StockF1 | Feb 20, 2019 | M | 1,621 | — | A | 3,603 | D | |
| Common StockF2 | Feb 20, 2019 | F | 481 | $28.62 | D | 3,122 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Feb 18, 2019 | M | 1,206 | D | — | — | Common Stock | 1,206 | 2,412 | D |
| Restricted Stock UnitsF1,F4 | — | Feb 20, 2019 | M | 1,621 | D | — | — | Common Stock | 1,621 | 1,622 | D |
Explanation of responses
- F1Reflects restricted stock units that upon vesting converted into shares of common stock on a one-for-one basis.
- F2Reflects shares withheld to cover the Reporting Person's tax liability incident to the vesting of restricted stock units.
- F3Each unit is the economic equivalent of one share of the Company's common stock. The restricted stock units were granted February 18, 2018, and vest and settle in three equal installments on February 18, 2019, 2020 and 2021, subject to continued employment with the Company.
- F4Each unit is the economic equivalent of one share of the Company's common stock. The restricted stock units were granted February 20, 2017, and vest and settle in three equal installments on February 20, 2018, 2019 and 2020, subject to continued employment with the Company.