secwatch.observer — SEC 8-K summary
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Issuer:     Frontdoor, Inc. (FTDR)
CIK:        0001727263
Form:       8-K
Filed at:   2022-06-06T23:59:59+00:00
Accession:  0001193125-22-168417
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Frontdoor grants performance-based stock options to CFO ($387.5K) and GC ($270K) with VWAP targets
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1727263/000119312522168417/0001193125-22-168417-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1727263/000119312522168417/d280110d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-168417

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer