Samir Kapoor - Dec 8, 2022 Form 4 Insider Report for Life360, Inc. (360.AX)

Signature
/s/ Daniel Menudier, as Attorney-in-Fact
Stock symbol
360.AX
Transactions as of
Dec 8, 2022
Transactions value $
-$34,997
Form type
4
Date filed
12/12/2022, 03:22 PM
Previous filing
Nov 18, 2022
Next filing
Feb 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction 360.AX Common Stock Tax liability -$35K -2.91K -5.66% $12.01* 48.5K Dec 8, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the vesting and net settlement of previously reported restricted stock units.
F2 Includes shares of the Issuer's common stock underlying Chess Depositary Interests ("CDIs") and 42,950 restricted stock units ("RSUs"). The CDIs are traded on the Australian Securities Exchange (the "ASX") and are held by CHESS Depositary Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the ASX. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting.