Alex Haro - 17 Jun 2024 Form 4 Insider Report for Life360, Inc. (LIF)

Role
Director
Signature
/s/ Russell J. Burke, Attorney-in-Fact
Issuer symbol
LIF
Transactions as of
17 Jun 2024
Transactions value $
$-10,020,348
Form type
4
Filing time
20 Jun 2024, 14:25:46 UTC
Previous filing
11 Jun 2024
Next filing
02 Jun 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIF Common stock Sale $-9,789,660 -362,580 -27.4% $27.00* 958,601 17 Jun 2024 Direct F1, F2, F3
transaction LIF Common stock Sale $-230,688 -8,544 -81.9% $27.00* 1,887 17 Jun 2024 Held by ICCA Labs, LLC F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to the full exercise by the underwriters of a greenshoe option of the previously reported underwritten secondary offering that closed on June 7, 2024.
F2 Includes 8,065 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
F3 Includes common stock and the number of common stock underlying Chess Depositary Interests ("CDIs") as converted on a 1:3 common stock to CDI ratio. 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.
F4 The Reporting Person is a member of ICCA Labs, LLC, an entity that holds an aggregate of 8,219 shares of the Issuer's common stock. The number of shares sold and held as reported herein by the Reporting Person represents his proportionate ownership interest in ICCA Labs, LLC.

Remarks:

Exhibit 24 - Power of Attorney