Chris Hulls - Jun 20, 2024 Form 4 Insider Report for Life360, Inc. (LIF)

Signature
/s/ Jay Sood, Attorney-in-Fact
Stock symbol
LIF
Transactions as of
Jun 20, 2024
Transactions value $
-$124,313
Form type
4
Date filed
6/24/2024, 03:51 PM
Previous filing
Jun 20, 2024
Next filing
Sep 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIF Common Stock Tax liability -$124K -3.98K -0.22% $31.25* 1.82M Jun 20, 2024 Direct F1, F2, F3
holding LIF Common stock 1.85K Jun 20, 2024 Held by ICCA Labs, LLC F2, 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 common stock and the number of common stock underlying Chess Depositary Interests ("CDIs") as converted on a 1:3 common stock to CDI ratio. 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.
F3 Includes 75,696 restricted stock units previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
F4 The Reporting Person is a member of ICCA Labs, LLC, an entity that holds an aggregate of 45,425 shares of the Issuer's common stock underlying 136,275 CDIs. The number of shares sold and held as reported herein by the Reporting Person represents his proportionate ownership interest in ICCA Labs, LLC.