Samir Kapoor - Jun 5, 2023 Form 4 Insider Report for Life360, Inc. (LIFX)

Signature
/s/ Jay Sood, Attorney-in-fact
Stock symbol
LIFX
Transactions as of
Jun 5, 2023
Transactions value $
-$91,429
Form type
4
Date filed
6/7/2023, 06:00 PM
Previous filing
Jun 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIFX Common stock Purchase $23K +1.67K +1.47% $13.78* 115K Jun 5, 2023 Direct F1, F2, F3, F4, F5
transaction LIFX Common stock Sale -$114K -8.33K -7.22% $13.73* 107K Jun 5, 2023 Direct F3, F4, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Samir Kapoor is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The reported purchase was executed on the Australian Securities Exchange (the "ASX") as Chess Depositary Interests ("CDIs") and bought 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 The purchase reported herein occurred when the reporting person, while scheduling an internet-based transaction, inadvertently purchased the 5,000 CDIs indicated. The reporting person immediately counterbalanced such inadvertent purchase by selling the 5,000 CDIs reported herein on the same day at a higher average price, resulting in a financial loss of $202 to the reporting person. Nothing contained in this report shall be deemed to be an admission that any of the other transactions reported herein is subject to Section 16(b) of the Securities Exchange Act of 1934, as amended ("Exchange Act").
F3 This price is expressed in United States Dollars using the conversion rate on June 5, 2023.
F4 Includes 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 ASX and are held by CHESS Depositary Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the ASX.
F6 The reported sale was executed on the ASX as 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.
F7 The reported price is a weighted average price. These shares were sold in multiple transactions. Prices ranged from US$13.6397 to US$13.7985 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.