Samir Kapoor - May 18, 2023 Form 4 Insider Report for Life360, Inc. (LIFX)

Signature
/s/ Jay Sood, Attorney-in-fact
Stock symbol
LIFX
Transactions as of
May 18, 2023
Transactions value $
-$69,417
Form type
4
Date filed
5/22/2023, 02:36 PM
Previous filing
Mar 10, 2023
Next filing
May 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIFX Common stock Sale -$75K -5.59K -4.78% $13.41* 111K May 18, 2023 Direct F1, F2, F3, F4, F5
transaction LIFX Common stock Options Exercise $5.6K +1.29K +1.15% $4.35* 113K May 18, 2023 Direct F4, F5

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 -1.29K -1.61% $0.00 78.7K May 18, 2023 Common stock 1.29K $4.35 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported sale was executed on the Australian Securities Exchange (the "ASX") as Chess Depositary Interests ("CDIs") and sold using Australian Dollars. The CDIs are traded on the ASX and are held by CHESS Depositary Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the ASX.
F2 This price is expressed in United States Dollars using the conversion rate on May 18, 2023.
F3 The reported price is a weighted average price. These shares were sold in multiple transactions. Prices ranged from US$13.3897 to US$13.4294 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F4 Includes shares of the Issuer's common stock underlying CDIs and 107,108 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
F5 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.
F6 The stock option vests and becomes exercisable as to 1/48th of the total number of shares in equal monthly installments beginning on May 7, 2020, until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.