Filing Details

Accession Number:
0001581760-25-000036
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-03-12 19:28:52
Reporting Period:
2025-03-10
Filing Date:
2025-03-12
Accepted Time:
2025-03-12 19:28:52
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
1933232 John Russell Burke C/O Life360, Inc.
1900 South Norfolk Street, Suite 310
San Mateo CA 94403
Chief Financial Officer No Yes 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 2025-03-10 20,000 $3.58 188,065 No 4 M Direct
Common Stock Disposition 2025-03-10 3,104 $42.51 184,961 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S 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 2025-03-10 20,000 $0.00 20,000 $3.58
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
460,514 2030-05-19 No 4 M Direct
Footnotes
  1. Includes 106,756 restricted stock units previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
  2. This sale 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, 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.
  3. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $42.25 to $43.00, inclusive, per share. The Reporting Personundertakes 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 separateprice within the range.
  4. The stock option vests and becomes exercisable as to 1/48th of the total number of shares in equal monthly installments beginning on June 19, 2020, until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.