Samir Kapoor - 07 Nov 2022 Form 4 Insider Report for Life360, Inc. (360.AX)

Role
Chief Technology Officer
Signature
/s/ Daniel Menudier, as Attorney-in-Fact
Issuer symbol
360.AX
Transactions as of
07 Nov 2022
Transactions value $
$707
Form type
4
Filing time
09 Nov 2022, 19:43:25 UTC
Previous filing
26 Oct 2022
Next filing
18 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction 360.AX Common Stock Options Exercise $707 +100 +0.16% $7.07* 62,588 07 Nov 2022 Direct F1, F2
transaction 360.AX Common Stock Award $0 +44 +0.07% $0 62,632 08 Nov 2022 Direct F2, F3, F4

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 360.AX Stock Option (right to buy) Options Exercise $0 -100 -0.14% $0 71,125 07 Nov 2022 Common Stock 100 $7.07 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares of the Issuer's common stock underlying Chess Depositary Interests ("CDIs") and 51,313 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
F2 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 Represents shares of common stock underlying a time-based restricted stock unit award ("RSUs"). The RSUs vested in full as of September 30, 2022.
F4 Includes shares of the Issuer's common stock underlying CDIs and 51,357 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
F5 The stock option vests and becomes exercisable as to 1/4th of the total number of shares on October 7, 2020, and thereafter vests and becomes exercisable as to 1/48th of the total number of shares in equal monthly installments, until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.