Charles J. Prober - 08 Mar 2023 Form 4 Insider Report for Life360, Inc. (LIFX)

Role
Director, President and Director
Signature
/s/ Daniel Menudier, as Attorney-in-Fact
Issuer symbol
LIFX
Transactions as of
08 Mar 2023
Net transactions value
-$1,565,364
Form type
4
Filing time
10 Mar 2023, 14:19:56 UTC
Previous filing
29 Jun 2022
Next filing
03 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIFX Common stock Tax liability $1,565,364 -153,017 -24% $10.23* 478,323 08 Mar 2023 Direct F1, F2
* 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 shares of the Issuer's common stock underlying Chess Depositary Interests and 307,430 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.