John Philip Coghlan - Apr 1, 2025 Form 4 Insider Report for Life360, Inc. (LIF)

Role
Director
Signature
/s/ Jay Sood, as Attorney-in-Fact
Stock symbol
LIF
Transactions as of
Apr 1, 2025
Transactions value $
-$118,313
Form type
4
Date filed
4/3/2025, 06:49 PM
Previous filing
Mar 12, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIF Common stock Sale -$118K -3.13K -8.35% $37.86 34.3K Apr 1, 2025 Held by the John Coghlan Living Trust F1, F2, F3
holding LIF Common Stock 64.8K Apr 1, 2025 Held by The John Philip Coghlan 2024 Grantor Retained Annuity Trust
holding LIF Common stock 3.48K Apr 1, 2025 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 6, 2024. The Rule 10b5-1 trading plan is a pre-arranged written trading plan pursuant to which shares of Company stock are sold automatically based on a predetermined formula that was established by the Reporting Person at a time when the Reporting Person was not aware of any material nonpublic information about the Company.
F2 The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $37.46 to $38.15, 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 Reporting Person transferred 1,742 directly held shares to the John Coghlan Living Trust.
F4 Includes 1,742 restricted stock units previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
F5 Reflects the amount of shares held by the Reporting Person after giving effect to the transaction detailed in Footnote 3 of this Form 4.