Chris Hulls - 08 Dec 2023 Form 4 Insider Report for Life360, Inc. (LIF)

Signature
/s/ Jay Sood, as Attorney-in-Fact
Issuer symbol
LIF
Transactions as of
08 Dec 2023
Net transactions value
-$51,855
Form type
4
Filing time
11 Dec 2023, 20:17:24 UTC
Previous filing
05 Dec 2023
Next filing
11 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIF Common Stock Tax liability $51,855 -3,696 -0.17% $14.03* 2,170,841 08 Dec 2023 Direct F1, F2
holding LIF Common stock 29,960 08 Dec 2023 Held by ICCA Labs, LLC F3, F4
* 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 1,171,291 shares of the Issuer's common stock underlying 3,513, 874 Chess Depositary Interests ("CDIs"). 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. Also includes 53,121 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 89,880 CDIs.
F4 The Reporting Person 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 by the Reporting Person represents his proportionate ownership interest in ICCA Labs, LLC.