Life360 director sells 7,930 shares after option exercise
Life360, Inc. director Charles J. Prober exercised a fully vested stock option for 7,930 shares of common stock at an exercise price of $11.18 per share, leaving 23,790 option shares outstanding.
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Rhea-AI Filing Summary
Life360, Inc. director Charles J. Prober exercised a fully vested stock option for 7,930 shares of common stock at an exercise price of $11.18 per share, leaving 23,790 option shares outstanding. He then sold 7,930 common shares at $48.59 per share on the same date. The transactions were executed under a Rule 10b5-1 trading plan adopted on March 14, 2025. Reported equity holdings include 4,474 restricted stock units, each representing one future share upon vesting.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) F1, F3 | 7,930 | $0.00 | $0.00 |
| Exercise | Common stock F1, F2 | 7,930 | $11.18 | $89K |
| Sale | Common stock F1, F2 | 7,930 | $48.59 | $385K |
Footnotes (3)
- F1. The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025. The Rule 10b5-1 trading plan is a written, pre-established trading plan that provides for the automatic sale of Company stock pursuant to predetermined criteria. The Reporting Person adopted the plan at a time when they were not aware of any material nonpublic information about the Company.
- F2. Includes 4,474 restricted stock units previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
- F3. The stock option is fully vested and exercisable.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
restricted stock units financial
stock option financial
exercise price financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Life360 (LIF) director Charles J. Prober report in this Form 4?
What stock options did Charles J. Prober exercise in Life360 (LIF)?
Was the Life360 (LIF) insider transaction done under a Rule 10b5-1 plan?
What additional equity awards does Charles J. Prober hold in Life360 (LIF)?
AI-generated analysis. How Rhea-AI works. Not financial advice.