Statement of Changes in Beneficial Ownership (4)
04 Outubro 2018 - 5:56PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Turcotte Brian K
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2. Issuer Name
and
Ticker or Trading Symbol
frontdoor, inc.
[
FTDR
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director
_____ 10% Owner
__
X
__ Officer (give title below)
_____ Other (specify below)
Sr. VP & CFO
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(Last)
(First)
(Middle)
150 PEABODY PLACE
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3. Date of Earliest Transaction
(MM/DD/YYYY)
10/1/2018
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(Street)
MEMPHIS, TN 38103-3720
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock
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1184
(1)
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D
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Trans. Date
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3A. Deemed Execution Date, if any
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4. Trans. Code
(Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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6. Date Exercisable and Expiration Date
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7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
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8. Price of Derivative Security
(Instr. 5)
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9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Restricted Stock Units
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(2)
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10/1/2018
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A
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1258
(3)
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(2)
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(2)
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Common Stock
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1258
(3)
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(2)
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1258
(3)
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D
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Restricted Stock Units
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(4)
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10/1/2018
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A
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3243
(3)
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(4)
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(4)
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Common Stock
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3243
(3)
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(4)
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3243
(3)
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D
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Restricted Stock Units
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(5)
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10/1/2018
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A
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3618
(3)
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(5)
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(5)
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Common Stock
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3618
(3)
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(5)
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3618
(3)
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D
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Restricted Stock Units
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(6)
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10/1/2018
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A
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6476
(3)
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(6)
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(6)
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Common Stock
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6476
(3)
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(6)
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6476
(3)
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D
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Employee Stock Options (Right to Buy)
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$7.65
(7)
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10/1/2018
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A
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6539
(3)
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(7)
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(7)
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Common Stock
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6539
(3)
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(7)
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6539
(3)
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D
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Employee Stock Options (Right to Buy)
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$21.51
(8)
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10/1/2018
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A
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8298
(3)
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(8)
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(8)
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Common Stock
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8298
(3)
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(8)
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8298
(3)
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D
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Employee Stock Options (Right to Buy)
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$26.49
(9)
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10/1/2018
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A
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8256
(3)
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(9)
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(9)
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Common Stock
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8256
(3)
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(9)
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8256
(3)
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D
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Employee Stock Options (Right to Buy)
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$25.70
(10)
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10/1/2018
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A
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14179
(3)
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(10)
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(10)
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Common Stock
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14179
(3)
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(10)
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14179
(3)
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D
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Employee Stock Options (Right to Buy)
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$36.63
(11)
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10/1/2018
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A
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11150
(3)
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(11)
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(11)
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Common Stock
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11150
(3)
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(11)
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11150
(3)
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D
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Explanation of Responses:
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(1)
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Reflects shares of common stock of frontdoor, inc. (the "Company") issued pursuant to the dividend declared by ServiceMaster Global Holdings, Inc. ("ServiceMaster") and paid on October 1, 2018 related to the spin-off of the Company from ServiceMaster (the "Spin-off'"). ServiceMaster stockholders received one share of the Company common stock for every two ServiceMaster common shares held as of the record date of September 14, 2018.
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(2)
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Each unit is the economic equivalent of one share of the Company's common stock. The restricted stock units were granted February 22, 2016 by ServiceMaster and converted into restricted stock units of the Company in connection with the Spin-off. These restricted stock units become vested and settled on February 22, 2019, subject to continued employment with the Company.
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(3)
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The number of restricted stock units, stock options and the exercise price for the stock options were all adjusted in connection with the Spin-off based on the closing price of ServiceMaster's stock on September 28, 2018 and the opening price of the Company stock on October 1, 2018.
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(4)
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Each unit is the economic equivnlent of one share of the Company's common stock. The restricted stock units were granted February 20, 2017 by ServiceMaster and converted into restricted stock units of the Company in connection with the Spin-off. These restricted stock units become vested and settled in two equal installments on February 20, 2019 and 2020, subject to continued employment with the Company.
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(5)
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Each unit is the economic equivalent of one share of the Company's common stock. The restricted stock units were granted February 18, 2018 by ServiceMaster and converted into restricted stock units of the Company in connection with the Spin-off. These resticted stock units become vested and settled in three equal installments on February 18, 2019, 2020 and 2021, subject to continued employment with the Company.
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(6)
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Each unit is the economic equivalent of one share of the Company's common stock. The restricted stock units were granted July 23, 2018 by ServiceMaster and converted into restricted stock units of the Company in connection with the Spin-off. These restricted stock units become vested and settled in three equal installments on July 23, 2019, 2020 and 2021, subject to continued employment with the Company.
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(7)
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The stock options were granted on September 13, 2013 by ServiceMaster and converted into stock options of the Company in connection with the Spin-off. These stock options are fully vested and exercisable.
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(8)
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The stock options were granted on February 24, 2015 by ServiceMaster and converted into stock options of the Company in connection with the Spin-off. These stock options vest and become exercisable in four equal annual installments on February 24, 2016, 2017, 2018 and 2019, subject to continued employment.
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(9)
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The stock options were granted on February 22, 2016 by Service Master and converted into stock options of the Company in connection with the spin-off. These stock options vest and become exercisable in four equal annual installments on February 22, 2017, 2018, 2019 and 2020, subject to continued employment.
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(10)
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The stock options were granted on February 20, 2017 by Service Master and converted into stock options of the Company in connection with the spin-off. These stock options vest and become exercisable in four equal annual installments on February 20, 2018, 2019, 2020 and 2021, subject to continued employment.
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(11)
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The stock options were granted on February 18, 2018 by Service Master and converted into stock options of the Company in connection with the spin-off. These stock options vest and become exercisable in four equal annual installments on February 18, 2019, 2020, 2021 and 2022, subject to continued employment.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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Turcotte Brian K
150 PEABODY PLACE
MEMPHIS, TN 38103-3720
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Sr. VP & CFO
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Signatures
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/s/ Jeffrey Fiarman, Attorney-In-Fact for Brian K. Turcotte
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10/3/2018
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
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**
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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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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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