Life360, Inc. — Director's Dealing 2022

Nov 9, 2022

SEC Form 4

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
1. Name and Address of Reporting Person [] 2. Issuer Name and Ticker or Trading Symbol 5. Relationship of Reporting Person(s) to Issuer
Kapoor Samir Life360, Inc. [ 360.AX ] (Check all applicable)Director 10% Owner
3. Date of Earliest Transaction (Month/Day/Year) X Officer (give title below) Other (specify below)
11/07/2022
(Last) (First) (Middle) Chief Technology Officer
C/O LIFE360, INC.
4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line)
539 BRYANT STREET, SUITE 402
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
(Street)
SAN FRANCISCO CA 94107
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction 2A. Deemed 3. Transaction 4. Securities Acquired (A) or Disposed Of (D) 5. Amount of Securities 6. Ownership Form: 7. Nature of
Date Execution Date, Code (Instr. 8) (Instr. 3, 4 and 5) Beneficially Owned Direct (D) or Indirect Indirect
(Month/Day/Year) if any Following Reported (I) (Instr. 4) Beneficial
(Month/Day/Year) Code V Amount (A) or (D) Price Transaction(s) (Instr. 3 and Ownership (Instr.
4) 4)
Common Stock 11/07/2022 M 100 A $7.07 62,588(1)(2) D
Common Stock 11/08/2022 A 44(3) A $0.00 62,632(2)(4) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security 2. 3. Transaction 3A. Deemed 4. Transaction Code 5. Number of Derivative 6. Date Exercisable and 7. Title and Amount of Securities Underlying 8. Price of 9. Number of 10. Ownership 11. Nature of
(Instr. 3) Conversion Date Execution Date, (Instr. 8) Securities Acquired (A) or Expiration Date Derivative Security (Instr. 3 and 4) Derivative derivative Form: Direct Indirect
or Exercise (Month/Day/Year) if any Disposed of (D) (Instr. 3, (Month/Day/Year) Security (Instr. Securities (D) or Indirect Beneficial
Price of (Month/Day/Year) 4 and 5) 5) Beneficially (I) (Instr. 4) Ownership (Instr.
Derivative Owned 4)
Security Following
Amount or Reported
Date Expiration Number of Transaction(s)
Code V (A) (D) Exercisable Date Title Shares (Instr. 4)
Stock Option (right to buy) $7.07 11/07/2022 M 100 (5) 10/07/2029 Common Stock 100 $0.00 71,125 D
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Explanation of Responses:

1. 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.

2. 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.

3. Represents shares of common stock underlying a time-based restricted stock unit award ("RSUs"). The RSUs vested in full as of September 30, 2022.

4. 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.

5. 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.

Remarks:

/s/ Daniel Menudier, as Attorney-in-Fact

** Signature of Reporting Person

11/09/2022 Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

• If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

• ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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