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Life360, Inc. Director's Dealing 2022

Jun 29, 2022

30724_rns_2022-06-29_29a87ae7-a187-4694-ab27-5d314ac3e6ac.pdf

Director's Dealing

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ASX ANNOUNCEMENT

30 June 2022

Amended SEC Form 3 – A Haro

It has come to the attention of Life360, Inc. (Life360 or the Company) (ASX: 360) that the SEC Form 3 document for A Haro lodged with the ASX on 28 June 2022 contained a typographical error.

In that SEC Form 3 document, the final two Stock Option Expiration Dates were shown as 04/29/2031 and 05/20/2032 respectively, this was a typographical error and incorrect. The Stock Option Expiration Dates should have read 04/29/2027 and 05/20/2028 respectively.

An updated and amended SEC Form 3 for A Haro setting out the correct Stock Option Expiration Dates is attached.

Authorisation

Chris Hulls, Director, Co-Founder and Chief Executive Officer of Life360 authorised this announcement being given to ASX

About Life360

Life360 operates a platform for today’s busy families, bringing them closer together by helping them better know, communicate with and protect the people they care about most. The Company’s core offering, the Life360 mobile app, is a market leading app for families, with features that range from communications to driving safety and location sharing. Life360 is based in San Francisco and had more than 35 million monthly active users (MAU) as at December 2021, located in more than 195 countries

Life360’s CDIs are issued in reliance on the exemption from registration contained in Regulation S of the US Securities Act of 1933 (Securities Act) for offers of securities which are made outside the US. Accordingly, the CDIs, have not been, and will not be, registered under the Securities Act or the laws of any state or other jurisdiction in the US. As a result of relying on the Regulation S exemption, the CDIs are ‘restricted securities’ under Rule 144 of the Securities Act. This means that you are unable to sell the CDIs into the US or to a US person who is not a Qualified Institutional Buyer (QIB) for the foreseeable future except in very limited circumstances until after the end of the restricted period, unless the resale of the CDIs is registered under the Securities Act or an exemption is available. To enforce the above transfer restrictions, all CDIs issued bear a FOR Financial Product designation on the ASX. This designation restricts any CDIs from being sold on ASX to US persons excluding QIBs. However, you are still able to freely transfer your CDIs on ASX to any person other than a US person who is not a QIB. In addition, hedging transactions with regard to the CDIs may only be conducted in accordance with the Securities Act.

Life360, Inc. | ARBN 629 412 942 | 539 Bryant St, Suite 402, San Francisco, CA 94107 | investors.life360.com

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FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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

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1. Name and Address of Reporting Person 2. Date of Event Requiring 3. Issuer Name and Ticker or Trading Symbol
Haro Alex Statement (Month/Day/Year) Life360, Inc. [360.AX]
06/27/2022
(Last) (First) (Middle) 4. Relationship of Reporting Person(s) to 5. If Amendment, Date Original
c/o Life360, Inc., 539 Bryant Street, Suite Issuer Filed(Month/Day/Year)
(Check all applicable)
402 06/27/2022
X Director _ 10% Owner
(Street)
Officer (give title_ Other (specify 6. Individual or Joint/Group Filing (Check
San below) below) Applicable Line)
Francisco CA 94107 X Form filed by One Reporting Person
Form filed by More than One
(City) (State) (Zip) Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security 2. Amount of Securities Beneficially 3. Ownership 4. Nature of Indirect Beneficial Ownership
(Instr. 4) Owned Form: Direct (D) (Instr. 5)
(Instr. 4) or Indirect (I)
(Instr. 5)
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Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and
Expiration Date
(Month/Day/Year)
2. Date Exercisable and
Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities
Underlying Derivative Security
(Instr. 4)
3. Title and Amount of Securities
Underlying Derivative Security
(Instr. 4)
4. Conversion or
Exercise Price of
Derivative
Security
5. Ownership
Form of
Derivative
Security: Direct
(D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial
Ownership
(Instr. 5)
Date
Exercisable
Expiration
Date
Title Amount or Number
of Shares
Stock Option (right to buy) (1) D
04/29/2027 Common
Sk
15,972 $ 13.35
toc
Stock Option (right to buy) (2) D
05/20/2028 Common
Sk
15,162 $ 8.19
toc

Explanation of Responses:

  • (1) The stock option is fully vested and exercisable.

  • (2) The stock option vests and becomes exercisable as to 1/4th of the total number of shares in equal quarterly installments beginning on August 15, 2022, until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.

Remarks:

This Form 3/A is being filed to correct the expiration dates of certain stock options reported in the original Form 3 filed by the Reporting Person on June 27, 2022.

/s/ Daniel Menudier, as Attorney-in-Fact
**Signature of Reporting Person
06/29/2022
Date

* If the form is filed by more than one reporting person, see Instruction 5(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). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

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