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Life360, Inc. — Director's Dealing 2025
Jul 3, 2025
30724_rns_2025-07-03_ccfd1117-071f-4107-9d2c-4f92487faaf8.pdf
Director's Dealing
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4 July 2025
SEC Form 4
Life360, Inc. (“Life360” or the “Company”) (NASDAQ: LIF, ASX: 360), the San Francisco Bay Areabased leader in family safety and connection, advises that the sales announced in the attached Form 4 are US stock sales on the NASDAQ and pursuant to a Rule 10b5-1 trading plan.
A 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 non-public information about the Company.
Authorization
Russell Burke, Chief Financial Officer of Life360, authorized this announcement being given to ASX.
About Life360
Life360 delivers peace of mind for families of all types. The company’s category leading mobile app and Tile tracking devices help members protect the people, pets and things they care about most, with a range of services including location sharing, safe driver reports, and crash detection with emergency dispatch. Life360 is based in the San Francisco Bay Area. For more information, please visit life360.com.
Contacts
For Australian investor enquiries: Jolanta Masojada, +61 417 261 367 [email protected]
For Australian media enquiries: Giles Rafferty, +61 481 467 903 [email protected]
For U.S. investors: [email protected]
For U.S. media inquiries: [email protected]
FORM 4
Washington, D.C. 20549
0.5
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
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of X the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
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1. Name and Address of Reporting Person [] 2. Issuer Name and Ticker or Trading Symbol 5. Relationship of Reporting Person(s) to Issuer
COGHLAN JOHN PHILIP Life360, Inc. [ LIF ] (Check all applicable)
X Director 10% Owner
3. Date of Earliest Transaction (Month/Day/Year)
Officer (give title below) Other (specify below)
07/01/2025
(Last) (First) (Middle)
C/O LIFE360, INC. 4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line)
1900 SOUTH NORFOLK STREET, SUITE 310 X Form filed by One Reporting Person
Form filed by More than One Reporting Person
(Street)
SAN MATEO CA 94403
(City) (State) (Zip)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
|---|---|---|---|---|---|---|---|---|---|---|
| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) |
2A. Deemed Execution Date, if any (Month/Day/Year) |
3. Transaction Code (Instr. 8) |
4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned |
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr. 4) |
|||
| Code | V | Amount | (A) or (D) | Price | Following Reported Transaction(s) (Instr. 3 and 4) |
|||||
| Common Stock | 07/01/2025 | S (1) |
15,625 (3) (4) (5) |
I | Held by the John Coghlan Living Trust |
|||||
| 3,125 | D | $65.93 (2) |
||||||||
| Common Stock | 3,344 (3) (6) |
D | ||||||||
| Common Stock | 77,604 (5) |
I | Held by The John Philip Coghlan 2025 Grantor Retained Annuity Trust |
| Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) |
|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security |
3. Transaction Date (Month/Day/Year) |
3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of derivative Securities Beneficially Owned |
10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
| Code | V | (A) | (D) | Date Exercisable |
Expiration Date |
Title | Amount or Number of Shares |
Following Reported Transaction(s) (Instr. 4) |
Explanation of Responses:
-
The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 6, 2024. The Rule 10b5-1 trading plan is a pre-arranged written trading plan pursuant to which shares of Company stock are sold automatically based on a predetermined formula that was established by the Reporting Person at a time when the Reporting Person was not aware of any material nonpublic information about the Company.
-
The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $65.64 to $66.49, 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.
-
The Reporting Person transferred 1,742 directly held shares to the John Coghlan Living Trust, which transfer was exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended (the "Exchange Act").
-
The Reporting Person transferred 64,834 shares indirectly held by The John Philip Coghlan 2024 Grantor Retained Annuity Trust to the John Coghlan Living Trust, which transfer was exempt from Section 16 pursuant to Rule 16a-13 under the Exchange Act.
-
The Reporting Person transferred 77,604 shares indirectly held by the John Coghlan Living Trust to The John Philip Coghlan 2025 Grantor Retained Annuity Trust for the benefit of the Reporting Person and his family, which transfer was exempt from Section 16 pursuant to Rule 16a-13 under the Exchange Act.
-
Includes 3,344 restricted stock units previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
/s/ Jay Sood, as Attorney-in-Fact 07/03/2025 Date
** Signature of Reporting Person
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). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.