Russell John Burke - 21 Mar 2023 Form 4 Insider Report for Life360, Inc. (LIF)

Signature
/s/ Daniel Menudier, as Attorney-in-Fact
Issuer symbol
LIF
Transactions as of
21 Mar 2023
Net transactions value
+$35,800
Form type
4
Filing time
22 Mar 2023, 18:33:15 UTC
Previous filing
10 Mar 2023
Next filing
09 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIFX Common stock Options Exercise $35,800 +10,000 +6.1% $3.58* 173,200 21 Mar 2023 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
transaction LIFX Stock Option (right to buy) Options Exercise $0 -10,000 -1.9% $0.000000 520,514 21 Mar 2023 Common stock 10,000 $3.58 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 156,916 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock uponvesting.
F2 The stock option vests and becomes exercisable as to 1/48th of the total number of shares in equal monthly installments beginning on June 19, 2020, until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.