other material
confidence high
sentiment neutral
materiality 0.40
Frontdoor grants performance-based stock options to CFO ($387.5K) and GC ($270K) with VWAP targets
Frontdoor, Inc.
- CFO Brian Turcotte receives special equity grant of $387,500 in performance-based options.
- GC Jeffrey Fiarman receives $270,000 in performance-based non-qualified stock options.
- Options vest upon one-year service condition and achievement of VWAP targets at $35, $40, and $45 per share.
- One-third of each grant vests at each price target, measured over 20 consecutive trading days.