Russell John Burke - 19 Aug 2024 Form 4 Insider Report for Life360, Inc. (LIF)

Signature
/s/ Jay Sood, Attorney-in-Fact
Issuer symbol
LIF
Transactions as of
19 Aug 2024
Net transactions value
+$100,240
Form type
4
Filing time
20 Aug 2024, 14:33:20 UTC
Previous filing
24 Jun 2024
Next filing
23 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIF Common stock Options Exercise $100,240 +28,000 +21% $3.58 163,108 19 Aug 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LIF Stock Option (right to buy) Options Exercise $0 -28,000 -5.4% $0.000000 492,514 19 Aug 2024 Common stock 28,000 $3.58 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 122,047 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
F2 The stock option vests and becomes exercisable as to 1/48th of the total number of shares in equal monthly installments beginning on June 19, 2020, until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.