Life360, Inc. — Share Issue/Capital Change 2021

Oct 5, 2021

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

LIFE360 INC.

Date of this announcement

Wednesday October 06, 2021

The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
360AB	RESTRICTED STOCK UNIT	161,120	06/07/2021
360AB	RESTRICTED STOCK UNIT	54,292	02/08/2021
360AB	RESTRICTED STOCK UNIT	175,826	07/09/2021
360AA	OPTION EXP VAR DATES VAR PRICES	50,000	06/07/2021

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 1 - Entity and announcement details

1.1 Name of entity

LIFE360 INC.

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type

ARBN

Registration number

629412942

1.3 ASX issuer code

360

1.4 The announcement is

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New announcement

1.5 Date of this announcement

6/10/2021

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

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has an existing ASX security code ("existing class")

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

ASX +security code and description

360AA : OPTION EXP VAR DATES VAR PRICES

Date the +securities the subject of this notification were issued

6/7/2021

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? No

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

The 2011 Stock Incentive Plan is located at: https://www.asx.com.au/asxpdf/20200807/pdf/44l9fq0qvckxzj.pdf

Any other information the entity wishes to provide about the +securities the subject of this notification

50,000 options have been issued with an exercise price of US$15.20 per option, with an expiry date of 6 July 2027.

Issue details

Number of +securities

50,000

ASX +security code and description

360AB : RESTRICTED STOCK UNIT

Date the +securities the subject of this notification were issued

6/7/2021

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class

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Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? No

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms The 2011 Stock Incentive Plan is located at: https://www.asx.com.au/asxpdf/20200807/pdf/44l9fq0qvckxzj.pdf

Any other information the entity wishes to provide about the +securities the subject of this notification

161,120 RSUs have been issued (no exercise price is payable upon vesting and settlement) with an expiry date of 6 July 2031.

Issue details

Number of +securities

161,120

ASX +security code and description

360AB : RESTRICTED STOCK UNIT

Date the +securities the subject of this notification were issued

2/8/2021

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? No

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms The 2011 Stock Incentive Plan is located at: https://www.asx.com.au/asxpdf/20200807/pdf/44l9fq0qvckxzj.pdf

Any other information the entity wishes to provide about the +securities the subject of this notification

54,292 RSUs have been issued (no exercise price is payable upon vesting and settlement) with an expiry date of 2 August 2031.

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Issue details

	Number of +securities
	54,292
	ASX +security code and description
	360AB : RESTRICTED STOCK UNIT
	Date the +securities the subject of this notification were issued
	7/9/2021
	Will these +securities rank equally in all respects from their issue date with the existing issued
	+securities in that class
	Yes
	Were any of the +securities issued to +key management personnel (KMP) or an +associate?
	No
	Please provide a URL link for a document	lodged with ASX detailing the terms of the +employee incentive scheme
	or a summary of the terms The 2011 Stock Incentive Plan is located at:	https://www.asx.com.au/asxpdf/20200807/pdf/44l9fq0qvckxzj.pdf
	Any other information the entity wishes to provide about the +securities the subject of this notification 175,826 RSUs have been issued (no exercise price is payable upon vesting and settlement) with an expiry date of 7 September 2031.
	Issue details
	Number of +securities
	175,826

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +Securities (Total number of each +class of +securities quoted)

	Total number of
ASX +security code and description	+securities on issue
360 : CDI 3:1 US PERSON PROHIBITED EXCLUDING QIB	154,507,011
4.2 Unquoted +Securities (Total number of each +class of +securities issued but	not quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
360AAX : WARRANTS EXPIRING 01-JUL-2022 EX USD 0.01	88,213
360AAY : WARRANTS EXPIRING 01-JUL-2026 EX USD 11.96	44,106
360AB : RESTRICTED STOCK UNIT	2,984,444
360AA : OPTION EXP VAR DATES VAR PRICES	8,294,016
360AC : WARRANTS	95,576
360AAZ : WARRANTS EXPIRING 01-JUL-2026 EX USD 11.96	44,106
360ABA : CONV NOTES MATURING 01-JUL-26	176,422
360AD : 3:1 CDI EQUIVALENT TO RESTRICTED STOCK UNITS	7,779,618

4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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