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Life360, Inc. — Director's Dealing 2022
Nov 10, 2022
30724_dirs_2022-11-09_0679ad46-271f-428d-bf97-bbb38a1f11aa.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Life360, Inc. (360.AX)
CIK: 0001581760
Period of Report: 2022-11-07
Reporting Person: Kapoor Samir (Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-11-07 | Common Stock | M | 100 | $7.07 | Acquired | 62588 | Direct |
| 2022-11-08 | Common Stock | A | 44 | $0.00 | Acquired | 62632 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-11-07 | Stock Option (right to buy) | $7.07 | M | 100 | Disposed | 2029-10-07 | Common Stock (100) | Direct |
Footnotes
F1: Includes shares of the Issuer's common stock underlying Chess Depositary Interests ("CDIs") and 51,313 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
F2: The CDIs are traded on the Australian Securities Exchange (the "ASX") and are held by CHESS Depositary Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the ASX.
F3: Represents shares of common stock underlying a time-based restricted stock unit award ("RSUs"). The RSUs vested in full as of September 30, 2022.
F4: Includes shares of the Issuer's common stock underlying CDIs and 51,357 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
F5: The stock option vests and becomes exercisable as to 1/4th of the total number of shares on October 7, 2020, 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 employment of the Reporting Person on each vesting date.