04/16/2025 | Press release | Distributed by Public on 04/16/2025 19:40
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES 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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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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 control number. | SEC 1474 (9-02) |
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 Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option (right to buy) | $3.58 | 04/14/2025 | M | 10,000 | (2) | 05/19/2030 | Common stock | 10,000 | $ 0 | 450,514 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Burke Russell John C/O LIFE360, INC. 1900 SOUTH NORFOLK STREET, SUITE 310 SAN MATEO, CA 94403 |
Chief Financial Officer |
/s/ Allison Chang, Attorney-in-Fact | 04/16/2025 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | Includes 131,408 RSUs previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting. |
(2) | The stock option vests and becomes exercisable as to 1/48th of the total number of shares in equal monthly installments beginning on June 19, 2020, until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. |
Remarks: This Form 4/A is being filed to correct a clerical error in the original Form 4 filed on April 15, 2025. The original filing incorrectly reported the exercise of 20,000 stock options and the resulting amounts of securities beneficially owned by the Reporting Person in Table I, column 5 and Table II, column 9. This amendment reflects the correct number of options exercised and the resulting amounts of securities beneficially owned by the Reporting Person. All other information in the original filing remains unchanged. |