Samir Kapoor - 05 Jun 2023 Form 4 Insider Report for Life360, Inc. (LIF)

Reporting relationship: Chief Technology Officer
Issuer ticker: LIF
Reported as of: 05 Jun 2023
Net transaction value: -$91,429
SEC form: 4
Accepted by SEC: 07 Jun 2023, 18:00:33 UTC
Prior SEC filing: 06 Jun 2023
Source filing: View source filing
Reporting owner signature: /s/ Jay Sood, Attorney-in-fact

Key filing fact

Samir Kapoor filed Form 4 for Life360, Inc. (LIF) on 07 Jun 2023.

Key facts

This page summarizes Samir Kapoor's Form 4 filing for Life360, Inc. (LIF).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 07 Jun 2023, 18:00.

Change

Previous filing in this sequence was filed on 06 Jun 2023.
Current net transaction value: -$91,429.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LIFX transaction

Common stock

Purchase

Transaction value: $22,969
Shares: +1,667
Change %: +1.5%
Price: $13.78^*
Shares after: 115,442
Date: 05 Jun 2023
Ownership: Direct
Footnotes: F1, F2, F3, F4, F5

LIFX transaction

Common stock

Sale

Transaction value: $114,398
Shares: -8,334
Change %: -7.2%
Price: $13.73^*
Shares after: 107,108
Date: 05 Jun 2023
Ownership: Direct
Footnotes: F3, F4, F6, F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Samir Kapoor is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 7 footnotes

Footnote F1

The reported purchase was executed on the Australian Securities Exchange (the "ASX") as Chess Depositary Interests ("CDIs") and bought using Australian Dollars. The CDIs are traded on the ASX and are held by CHESS Depositary Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the ASX.

Footnote F2

The purchase reported herein occurred when the reporting person, while scheduling an internet-based transaction, inadvertently purchased the 5,000 CDIs indicated. The reporting person immediately counterbalanced such inadvertent purchase by selling the 5,000 CDIs reported herein on the same day at a higher average price, resulting in a financial loss of $202 to the reporting person. Nothing contained in this report shall be deemed to be an admission that any of the other transactions reported herein is subject to Section 16(b) of the Securities Exchange Act of 1934, as amended ("Exchange Act").

Footnote F3

This price is expressed in United States Dollars using the conversion rate on June 5, 2023.

Footnote F4

Includes 107,108 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.

Footnote F5

The CDIs are traded on the ASX and are held by CHESS Depositary Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the ASX.

Footnote F6

The reported sale was executed on the ASX as CDIs and sold using Australian Dollars. The CDIs are traded on the ASX and are held by CHESS Depositary Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the ASX.

Footnote F7

The reported price is a weighted average price. These shares were sold in multiple transactions. Prices ranged from US$13.6397 to US$13.7985 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.