Chris Hulls - Mar 7, 2024 Form 4 Insider Report for Life360, Inc. (NONE)

Signature
/s/ Jay Sood, as Attorney-in-Fact
Stock symbol
NONE
Transactions as of
Mar 7, 2024
Transactions value $
-$65,555
Form type
4
Date filed
3/11/2024, 04:28 PM
Previous filing
Dec 11, 2023
Next filing
May 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE Common Stock Tax liability -$65.6K -2.85K -0.13% $23.01* 2.17M Mar 7, 2024 Direct F1, F2
holding NONE Common stock 30K Mar 7, 2024 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 45,669 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.