Filing Details
- Accession Number:
- 0001581760-24-000088
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-09-12 18:57:32
- Reporting Period:
- 2024-09-10
- Accepted Time:
- 2024-09-12 18:57:32
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1581760 | Life360 Inc. | LIF | Services-Computer Processing & Data Preparation (7374) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1696247 | J. Charles Prober | C/O Life360, Inc. 1900 South Norfolk Street, Suite 310 San Mateo CA 94403 | Yes | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2024-09-10 | 40,000 | $11.18 | 152,742 | No | 4 | M | Direct | |
Common Stock | Disposition | 2024-09-11 | 40,000 | $0.00 | 112,742 | No | 4 | G | Direct | |
Common Stock | Disposition | 2024-09-11 | 40,000 | $32.45 | 0 | No | 4 | S | Indirect | By Kopansky Prober Revocable Trust |
Common Stock | Disposition | 2024-09-11 | 6,000 | $0.00 | 106,742 | No | 4 | G | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | G | Direct | |
No | 4 | S | Indirect | By Kopansky Prober Revocable Trust |
No | 4 | G | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option (right to buy) | Disposition | 2024-09-10 | 40,000 | $0.00 | 40,000 | $11.18 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
192,752 | 2028-04-12 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 40,000 | Indirect | By Kopansky Prober Revocable Trust |
Footnotes
- Includes 5,792 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
- On September 11, 2024, the reporting person transferred 40,000 shares of the Issuer's common stock to the Kopansky Prober Revocable Trust for no consideration. The reporting person is trustee of the trust, and he and members of his immediate family are the sole beneficiaries of the trust. The reporting person remains the beneficial owner of the securities held by the trust.
- The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $32.03 to $33.50, 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.
- On September 11, 2024, the reporting person contributed 6,000 shares to a donor-advised fund, which will use the gifted shares for charitable purposes.
- 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.