Kirsten Daru - Jun 27, 2022 Form 3 Insider Report for Life360, Inc. (360.AX)

Signature
/s/ Daniel Menudier, as Attorney-in-Fact
Stock symbol
360.AX
Transactions as of
Jun 27, 2022
Transactions value $
$0
Form type
3
Date filed
6/27/2022, 04:03 PM
This filing has been restated, see here for the amended filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding 360.AX Common Stock 87.1K Jun 27, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding 360.AX Stock Option (right to buy) Jun 27, 2022 Common Stock 1.65K $9.74 Direct F2
holding 360.AX Stock Option (right to buy) Jun 27, 2022 Common Stock 47 $20.76 Direct F2
holding 360.AX Stock Option (right to buy) Jun 27, 2022 Common Stock 198K $14.96 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 87,138 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
F2 The stock option is fully vested and exercisable.
F3 The stock option vests and becomes exercisable as to 1/4th of the total number of shares on January 17, 2023, and thereafter vests and becomes exercisable as to 1/48th of the total number of shares in equal monthly installments, until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.