Charles J. Prober - 04 Mar 2025 Form 4 Insider Report for Life360, Inc. (LIF)

Role
Director
Signature
/s/ Jay Sood, Attorney-in-Fact
Issuer symbol
LIF
Transactions as of
04 Mar 2025
Transactions value $
-$1,516,830
Form type
4
Filing time
06 Mar 2025, 17:09:56 UTC
Previous filing
24 Feb 2025
Next filing
02 Jun 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIF Common stock Options Exercise $559K +50K +48.67% $11.18 153K 04 Mar 2025 Direct F1
transaction LIF Common stock Sale -$2.05M -49.5K -32.41% $41.51 103K 04 Mar 2025 Direct F1, F2
transaction LIF Common stock Sale -$21.1K -500 -0.48% $42.17 103K 04 Mar 2025 Direct F1, 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 LIF Stock Option (right to buy) Options Exercise $0 -50K -25.94% $0.00 143K 04 Mar 2025 Common stock 50K $11.18 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,896 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
F2 The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $41.13 to $42.125, inclusive, per share. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the Staff of the Securities and Exchange Commission, upon request, full details regarding the number of shares sold at each separate price within the range.
F3 The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $42.135 to $42.20, inclusive, per share. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the Staff of the Securities and Exchange Commission, upon request, full details regarding the number of shares sold at each separate price within the range.
F4 The stock option vests and becomes exercisable as to 1/2 of the total number of shares on April 12, 2024 and thereafter vests and becomes exercisable as to 1/48th of the total number of shares in equal monthly installments, until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.