Sec Form 4 Filing - Brim Chastitie @ frontdoor, inc. - 2019-02-18

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Brim Chastitie
2. Issuer Name and Ticker or Trading Symbol
frontdoor, inc. [ FTDR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
VP, Controller & CAO
(Last) (First) (Middle)
150 PEABODY PLACE
3. Date of Earliest Transaction (MM/DD/YY)
02/18/2019
(Street)
MEMPHIS, TN38103
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/18/2019 M 304 A 551 D
Common Stock 02/19/2019 S 123 ( 2 ) D $ 28.4272 428 D
Common Stock 02/20/2019 M 368 A 796 D
Common Stock 02/20/2019 S 146 ( 2 ) D $ 29 650 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 1 ) 02/18/2019 M 304 ( 3 ) ( 3 ) Common Stock 304 $ 0 609 D
Restricted Stock Units ( 1 ) 02/20/2019 M 368 ( 4 ) ( 4 ) Common Stock 368 $ 0 369 D
Restricted Stock Units ( 5 ) 03/29/2019 A 2,752 ( 5 ) ( 5 ) Common Stock 2,752 $ 0 2,752 D
Employee Stock Options (Right to Buy) $ 34.48 03/29/2019 A 5,565 ( 6 ) 03/29/2029 Common Stock 5,565 $ 0 5,565 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Brim Chastitie
150 PEABODY PLACE
MEMPHIS, TN38103
VP, Controller & CAO
Signatures
/s/ Jeffrey A. Fiarman, as Attorney-In-Fact for Chastitie Brim 04/02/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Reflects restricted stock units that upon vesting converted into shares of common stock on a one-for-one basis.
( 2 )Reflects shares sold to cover the Reporting Person's tax liability incident to the vesting of restricted stock units.
( 3 )Each 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.
( 4 )Each 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.
( 5 )Each unit is the economic equivalent of one share of the Company's stock. The restricted stock units were granted on March 29, 2019 and will vest and settle in three equal installments on March 29, 2020, 2021 and 2022, subject to continued employment with the Company.
( 6 )Non-qualified stock options granted on March 29, 2019 will vest 25% on March 29, 2020, and thereafter vest 6.25% quarterly over the next three years on the quarterly anniversary of the grant date, such that all options will have vested on March 29, 2023, subject to continued employment with the Company.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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