Charles J. Prober - Jun 13, 2025 Form 4 Insider Report for Life360, Inc. (LIF)

Role
Director
Signature
/s/ Jay Sood, Attorney-in-Fact
Stock symbol
LIF
Transactions as of
Jun 13, 2025
Transactions value $
-$400,674
Form type
4
Date filed
6/17/2025, 05:54 PM
Previous filing
Jun 6, 2025
Next filing
Jul 16, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Prober Charles J. Director C/O LIFE360, INC., 1900 SOUTH NORFOLK STREET, SUITE 310, SAN MATEO /s/ Jay Sood, Attorney-in-Fact 2025-06-17 0001696247

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIF Common stock Options Exercise $88.8K +7.94K +7.53% $11.18 113K Jun 13, 2025 Direct F1, F2
transaction LIF Common stock Sale -$489K -7.94K -7% $61.63 105K Jun 13, 2025 Direct F1, F2

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 -7.94K -5.56% $0.00 135K Jun 13, 2025 Common stock 7.94K $11.18 Direct F1, 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 March 14, 2025. The Rule 10b5-1 trading plan is a written, pre-established 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 Includes 2,714 restricted stock units previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
F3 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.