secwatch.observer — SEC 8-K summary
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Issuer:     Life360, Inc. (LIF)
CIK:        0001581760
Form:       8-K
Filed at:   2022-07-21T23:59:59+00:00
Accession:  0001193125-22-198623
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Life360 appoints Charles (CJ) Prober as President effective July 20, 2022
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- Charles (CJ) Prober, CEO of subsidiary Tile, Inc., appointed as President of Life360.
- Annual base salary of $400,000 with performance bonus target of 75% of base.
- Retention equity award of 427,573 RSUs (original) plus 187,286 RSUs (top-up), vesting over two years.
- Termination without cause or for good reason triggers 12 months salary, target bonus, and accelerated equity vesting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1581760/000119312522198623/0001193125-22-198623-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1581760/000119312522198623/d395327d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-198623

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer