Life360 (LIF) CEO awarded 24,265 performance-based RSUs in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Life360, Inc. Chief Executive Officer Lauren Antonoff reported an equity award tied to performance. She acquired 24,265 shares of common stock at no cost through performance-based restricted stock units after a performance metric was met. Following this grant, she directly holds 312,497 shares, including earlier restricted stock unit awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Antonoff Lauren
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,265 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 312,497 shares (Direct)
Footnotes (1)
- Represents performance-based restricted stock units ("PRSUs") granted to the Reporting Person on April 9, 2025. In light of the performance-based vesting condition, this grant was not reportable under Section 16 until the performance metric was satisfied. On March 25, 2026, it was determined that the performance metric had been met. Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. 25% of the PRSUs vested on January 1, 2026 with the remaining 75% converting to time-based RSUs and vesting in twelve equal quarterly installments thereafter, subject to the Reporting Person's continuous service through each vest dat Includes 167,632 restricted stock units previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
FAQ
What did Life360 (LIF) CEO Lauren Antonoff report in this Form 4?
Lauren Antonoff reported an acquisition of 24,265 shares of Life360 common stock via a performance-based restricted stock unit award. The units became reportable when a specified performance metric was determined to be satisfied and then converted into shares subject to service-based vesting conditions.
Was the Life360 (LIF) CEO’s Form 4 transaction an open-market purchase or sale?
The transaction was not an open-market trade. It reflects a grant or award acquisition of 24,265 shares at a price of $0.0000 per share, arising from performance-based restricted stock units that became reportable once the underlying performance condition was determined to have been achieved.
What are the vesting terms of the Life360 (LIF) performance-based RSUs reported?
The performance-based RSUs were granted on April 9, 2025. Twenty-five percent vested on January 1, 2026, after the performance condition was satisfied, while the remaining seventy-five percent convert to time-based RSUs that vest in twelve equal quarterly installments, subject to continued service.
How do the previously granted RSUs affect the Life360 (LIF) CEO’s holdings?
The filing notes that the CEO’s holdings include 167,632 previously granted restricted stock units. Each RSU represents a contingent right to receive one share of Life360 common stock upon vesting, contributing to her reported total direct ownership of 312,497 shares after the reported award.
Why did the Life360 (LIF) performance-based RSU grant become reportable now?
The performance-based restricted stock units became reportable when the performance metric was determined to have been met on March 25, 2026. Because vesting depended on achieving that metric, the award was not subject to Section 16 reporting until the company confirmed that the condition was satisfied.