Form 4 for LIF Life360, Inc.
Accepted 2024-09-12 00:00:00 ET · period of report 2024-09-10 · accession 0001581760-24-000088 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2024-09-12 | 2024-09-11 | LIF | Prober Charles J. | Dir | S - Sale+OE | $32.45 | -40.0K | 0 | -100% | -$1.30M |
| DM | 2024-09-12 | 2024-09-11 | LIF | Prober Charles J. | Dir | G - Gift | $0.00 | -46.0K | 112.7K | -29% | $0 |
| D | 2024-09-12 | 2024-09-10 | LIF | Prober Charles J. | Dir | M - OptEx | $11.18 | +40.0K | 152.7K | +35% | +$447.2K |
| D | 2024-09-12 | 2024-09-10 | LIF | Prober Charles J. | Dir | M - OptEx | $0.00 | -40.0K | 192.8K | -17% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-09-11 | S | D | 40,000 | $32.45 | 0 | I | — | — | (F3) The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $32.03 to $33.50, 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. |
| 2 | Common | Common stock | 2024-09-11 | G | D | 6,000 | $0.00 | 106,742 | D | — | — | (F4) On September 11, 2024, the reporting person contributed 6,000 shares to a donor-advised fund, which will use the gifted shares for charitable purposes. (F1) Includes 5,792 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting. |
| 3 | Common | Common stock | 2024-09-11 | G | D | 40,000 | $0.00 | 112,742 | D | — | — | (F1) Includes 5,792 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting. (F2) On September 11, 2024, the reporting person transferred 40,000 shares of the Issuer's common stock to the Kopansky Prober Revocable Trust for no consideration. The reporting person is trustee of the trust, and he and members of his immediate family are the sole beneficiaries of the trust. The reporting person remains the beneficial owner of the securities held by the trust. |
| 4 | Common | Common stock | 2024-09-10 | M | A | 40,000 | $11.18 | 152,742 | D By Kopansky Prober Revocable Trust | — | — | (F1) Includes 5,792 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting. |
| 5 | Derivative | Stock Option (right to buy) | 2024-09-10 | M | D | 40,000 | $0.00 | 192,752 | D | $11.18 · — to 2028-04-12 | 40,000 Common stock | (F5) The stock option vests and becomes exercisable as to 1/2 of the total number of shares on April 12, 2024 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 service of the Reporting Person on each vesting date. |