Samir Kapoor - 22 May 2023 Form 4 Insider Report for Life360, Inc. (LIFX)

Role
Chief Technology Officer
Signature
/s/ Jay Sood, Attorney-in-fact
Issuer symbol
LIFX
Transactions as of
22 May 2023
Transactions value $
-$16,498
Form type
4
Filing time
24 May 2023, 17:32:03 UTC
Previous filing
22 May 2023
Next filing
06 Jun 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 Options Exercise $43,500 +10,000 +8.9% $4.35* 122,718 22 May 2023 Direct F1
transaction LIFX Common stock Sale -$59,998 -4,323 -3.5% $13.88* 118,395 23 May 2023 Direct F1, F2, F3

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 LIFX Stock Option (right to buy) Options Exercise $0 -10,000 -13% $0 68,713 22 May 2023 Common stock 10,000 $4.35 Direct F4
* 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 CDIs and 107,108 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting
F2 The reported sale was executed on the Australian Securities Exchange (the "ASX") as Chess Depositary Interests ("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.
F3 This price is expressed in United States Dollars using the conversion rate on May 18, 2023.
F4 The stock option vests and becomes exercisable as to 1/48th of the total number of shares in equal monthly installments beginning on May 7, 2020, until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.