Option exercises lift Life360 (LIF) director’s stake to 1,005,848 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Life360 director Alex Haro exercised stock options to acquire additional common shares. He exercised options covering 144,533 shares of Life360, Inc. common stock across three grants at exercise prices of $2.15, $8.19 and $13.35 per share. These exercises converted derivative awards into outright share ownership and left no remaining balance in the exercised option grants. Following the transactions, Haro directly owned 1,005,848 shares of common stock. This direct position includes 679 restricted stock units, each representing a right to receive one share of common stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
144,533 shares exercised/converted
Mixed
6 txns
Insider
Haro Alex
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 125,391 | $0.00 | -- |
| Exercise | Stock Option (right to buy) | 3,170 | $0.00 | -- |
| Exercise | Stock Option (right to buy) | 15,972 | $0.00 | -- |
| Exercise | Common stock | 125,391 | $2.15 | $270K |
| Exercise | Common stock | 3,170 | $8.19 | $26K |
| Exercise | Common stock | 15,972 | $13.35 | $213K |
Holdings After Transaction:
Stock Option (right to buy) — 0 shares (Direct);
Common stock — 986,706 shares (Direct)
Footnotes (1)
- Includes 679 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting. The stock option is fully vested and exercisable.
FAQ
What did Life360 (LIF) director Alex Haro report in this Form 4?
Alex Haro reported exercising stock options to acquire Life360 common shares. He converted multiple option grants into 144,533 shares of common stock, increasing his direct ownership stake without reporting any open-market share sales in this filing.
What were the exercise prices of Alex Haro’s Life360 stock options?
The exercised Life360 stock options carried exercise prices of $2.15, $8.19 and $13.35 per share. Each option grant converted into an equal number of common shares, turning previously awarded options into direct equity ownership at those stated strike prices.
Are any of Alex Haro’s reported Life360 holdings unvested or contingent?
Yes, the reported holdings include 679 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Life360 common stock, which will be delivered only if the specified vesting requirements are met over time.