(1) Each unit is the economic equivalent of one share of frontdoor, inc. (the "Company") common stock. The restricted stock units were granted May 15, 2018 by ServiceMaster Global Holdings, Inc. ("ServiceMaster") and converted into restricted stock units of the Company in connection with the Company's spin-off from ServiceMaster (the "Spin-off"). These restricted stock units become vested and settled in three equal installments on May 15, 2019, 2020 and 2021, subject to continued employment with the Company.
(2) 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 Company stock on October 1, 2018.
(3) Each unit is the economic equivalent of one share of the Company's common stock. The restricted stock units were granted May 15, 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 February 18, 2019, 2020 and 2021, subject to continued employment with the Company.
(4) The stock options were granted on May 15, 2018 by ServiceMaster and converted into stock options of the Company in connection with the Spin-off, and vest and become exercisable in four equal annual installments on February 18, 2019, 2020, 2021 and 2022, subject to continued employment.
(5) The stock options were granted on May 15, 2018 by ServiceMaster and converted into stock options of the Company in connection with the Spin-off, and vest and become exercisable in four equal annual installments on May 15, 2019, 2020, 2021 and 2022, subject to continued employment.