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

Role
Director
Signature
/s/ Russell J. Burke, Attorney-in-Fact
Stock symbol
LIF
Transactions as of
Jun 17, 2024
Transactions value $
-$2,293,218
Form type
4
Date filed
6/20/2024, 02:26 PM
Previous filing
Jun 11, 2024
Next filing
Sep 9, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIF Common stock Sale -$1.81M -67K -18.66% $27.00* 292K Jun 17, 2024 Direct F1, F2, F3
transaction LIF Common stock Sale -$485K -18K -81.91% $27.00* 3.97K Jun 17, 2024 Held by ICCA Labs, LLC F1, F3, F4
holding LIF Common stock 70.6K Jun 17, 2024 Held by Stynge Pty Ltd ATF Sandy Bay Trust F3, F5
* 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 8,373 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 has shared investment control over Carthona Capital FS Pty Ltd. ("Carthona Capital"). Carthona Capital 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 represents Carthona Capital's proportionate ownership interest in ICCA Labs, LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F5 The Reporting Person has shared investment control of Stynge Pty Ltd ATF Sandy Bay Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

Remarks:

Exhibit 24 - Power of Attorney