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
  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.