James Synge - May 30, 2023 Form 4 Insider Report for Life360, Inc. (LIFX)

Role
Director
Signature
/s/ Jay Sood, Attorney-in-fact
Stock symbol
LIFX
Transactions as of
May 30, 2023
Transactions value $
$0
Form type
4
Date filed
6/1/2023, 05:58 PM
Previous filing
Jun 29, 2022
Next filing
May 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIFX Common stock Award $0 +9.51K +1.89% $0.00 511K May 30, 2023 Direct F1, F2
holding LIFX Common stock 64.4K May 30, 2023 Held by ICCA Labs, LLC F3, F4
holding LIFX Common stock 70.6K May 30, 2023 Held by Stynge Pty Ltd ATF Sandy Bay Trust F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the grant of Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. 1/4th of the RSUs will vest quarterly from May 15, 2023, subject to the Reporting Person's continuous service through each such date.
F2 Includes 10,654 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
F3 Represents shares of the Issuer's common stock underlying 193,137 CDIs.
F4 The Reporting Person has shared investment control over Carthona Capital FS Pty Ltd. ("Carthona Capital"). Carthona Capital is a member of ICCA Labs, LLC, an entity that holds an aggregate of 133,408 shares of the Issuer's common stock underlying 400,224 CDIs. The number of shares reported herein represents Carthona Capital's proportionate ownership interest in ICCA Labs, LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F5 Represents shares of the Issuer's common stock underlying 211,720 CDIs.
F6 The Reporting Person has shared investment control of Stynge Pty Ltd ATF Sandy Bay Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.