John Philip Coghlan - 29 May 2025 Form 4 Insider Report for Life360, Inc. (LIF)

Role
Director
Signature
/s/ Jay Sood, as Attorney-in-Fact
Issuer symbol
LIF
Transactions as of
29 May 2025
Net transactions value
-$190,719
Form type
4
Filing time
02 Jun 2025, 19:44:35 UTC
Previous filing
05 May 2025
Next filing
03 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
COGHLAN JOHN PHILIP Director C/O LIFE360, INC., 1900 SOUTH NORFOLK STREET, SUITE 310, SAN MATEO /s/ Jay Sood, as Attorney-in-Fact 02 Jun 2025 0001185999

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIF Common stock Award $0 +3,344 +192% $0.000000 5,086 29 May 2025 Direct F1, F2
transaction LIF Common stock Sale $190,719 -3,125 -9.5% $61.03 29,778 02 Jun 2025 Held by the John Coghlan Living Trust F3, F4
holding LIF Common Stock 64,834 29 May 2025 Held by The John Philip Coghlan 2024 Grantor Retained Annuity Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents the grant of Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. 1/4th of the RSUs will vest quarterly from May 15, 2025, subject to the Reporting Person's continuous service through each vest date.
F2 Reflects 5,086 RSUs, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
F3 The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 6, 2024. The Rule 10b5-1 trading plan is a pre-arranged written trading plan pursuant to which shares of Company stock are sold automatically based on a predetermined formula that was established by the Reporting Person at a time when the Reporting Person was not aware of any material nonpublic information about the Company.
F4 The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $60.84 to $61.14, inclusive, per share. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the Staff of the Securities and Exchange Commission, upon request, full details regarding the number of shares sold at each separate price within the range.