Susan L. Stick - 14 Apr 2024 Form 4 Insider Report for Life360, Inc. (NONE)

Signature
/s/ Jay Sood, as Attorney-in-Fact
Issuer symbol
NONE
Transactions as of
14 Apr 2024
Net transactions value
$0
Form type
4
Filing time
30 Apr 2024, 20:05:51 UTC
Previous filing
15 Aug 2023
Next filing
24 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE Common Stock Award $0 +13,577 +14% $0.000000 112,653 14 Apr 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 vesting. 1/48th of the RSUs will vest each month over a 4 year period starting January 1, 2024, subject to the Reporting Person's continuous service through each such vesting date. The initial award included an incorrect vesting commencement date ("VCD") of March 1, 2024 due to a clerical error. On April 26, 2024, the Board of Directors amended the terms of the award to reflect a VCD of January 1, 2024.
F2 Includes 99,076 RSUs previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.