Russell John Burke - 09 May 2025 Form 4 Insider Report for Life360, Inc. (LIF)

Role
Chief Financial Officer
Signature
/s/ Allison Chang, Attorney-in-Fact
Issuer symbol
LIF
Transactions as of
09 May 2025
Transactions value $
-$139,494
Form type
4
Filing time
13 May 2025, 17:21:34 UTC
Previous filing
28 Apr 2025
Next filing
28 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Burke Russell John Chief Financial Officer C/O LIFE360, INC., 1900 SOUTH NORFOLK STREET, SUITE 310, SAN MATEO /s/ Allison Chang, Attorney-in-Fact 13 May 2025 0001933232

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIF Common stock Sale -$139K -3.1K -1.44% $44.94 212K 09 May 2025 Direct F1, F2, F3
* 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 September 6, 2024. The Rule 10b5-1 trading plan is a written, preestablished trading plan that provides for the automatic sale of Company stock pursuant to predetermined criteria. The Reporting Person adopted the plan at a time when they were 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 $44.65 to $45.25, 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 Includes 131,408 restricted stock units previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.