--- schema_version: "secwatch.filing_event.v1" accession: "0001581760-23-000068" form_type: "8-K" ticker: "LIF" cik: "0001581760" company_name: "Life360, Inc." filed_at: "2023-06-01T23:59:59+00:00" generated_at: "2026-06-14T09:21:31.072312+00:00" event_type: "other_material" sentiment: "positive" materiality_score: 0.75 calibrated_materiality_score: 0.75 confidence: "high" source: SEC EDGAR --- # Life360 achieves positive EBITDA in Q1; shareholders reject CEO RSU grant; reaffirms FY23 guidance ## Summary - Q1 2023: Subscription revenue up 56% YoY; global MAU ~51M (+33% YoY); positive Adjusted EBITDA of $0.5M (quarter early). - Shareholders rejected proposal 3: grant of 148,884 RSUs to CEO Chris Hulls (15.7M for, 17.0M against). All other proposals approved. - FY23 guidance reaffirmed: core subscription growth >50%, consolidated revenue $300-310M, positive Adjusted EBITDA & op. cash flow $5-10M. - Strategic: Tile bundle launch; UK expansion planned H2 2023; international rollout of Tiles on map. ## SEC filing metadata - accession: 0001581760-23-000068 - form_type: 8-K - ticker: LIF - cik: 0001581760 - company_name: Life360, Inc. - filed_at: 2023-06-01T23:59:59+00:00 - event_type: other_material - sentiment: positive - materiality_score: 0.75 - calibrated_materiality_score: 0.75 - confidence: high - sec_items: 5.07, 7.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1581760/000158176023000068/0001581760-23-000068-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1581760/000158176023000068/lifx-20230530.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001581760-23-000068 - JSON: https://secwatch.observer/filing/0001581760-23-000068.json - Plain text: https://secwatch.observer/filing/0001581760-23-000068.txt ## Key facts - Shareholder Votes Life360, Inc. shareholders approved To approve the grant of restricted stock units to Mark Goines (US$127,000) pursuant to ASX Listing Rule 10.14 at the 2023-05-30 meeting. - Outcome: passed - Meeting: 2023-05-30 source text: To approve the grant of restricted stock units to acquire shares of common stock of the Company equal in value to US$127,000 (at the time of the grant) to Mark Goines on the terms and conditions set out in the Proxy Statement, pursuant to and for the purposes of ASX Listing Rule 10.14. The voting results were as follows: Votes For Votes Against Abstentions Broker Non-Votes 30,891,978 1,776,586 1,220,235 — evidence_url: https://www.sec.gov/Archives/edgar/data/1581760/000158176023000068/0001581760-23-000068-index.htm - Shareholder Votes Life360, Inc. shareholders rejected To approve the grant of 148,884 restricted stock units to Chris Hulls pursuant to ASX Listing Rule 10.14 at the 2023-05-30 meeting. - Outcome: failed - Meeting: 2023-05-30 source text: To approve the grant of 148,884 restricted stock units to acquire shares of common stock of the Company to Chris Hulls on the terms and conditions set out in the Proxy Statement, pursuant to and for the purposes of ASX Listing Rule 10.14. The voting results were as follows: Votes For Votes Against Abstentions Broker Non-Votes 15,726,474 16,998,679 976,057 — evidence_url: https://www.sec.gov/Archives/edgar/data/1581760/000158176023000068/0001581760-23-000068-index.htm - Shareholder Votes Life360, Inc. shareholders approved To approve the grant of restricted stock units to David Wiadrowski (US$135,000) pursuant to ASX Listing Rule 10.14 at the 2023-05-30 meeting. - Outcome: passed - Meeting: 2023-05-30 source text: To approve the grant of restricted stock units to acquire shares of common stock of the Company equal in value to US$135,000 (at the time of the grant) to David Wiadrowski on the terms and conditions set out in the Proxy Statement, pursuant to and for the purposes of ASX Listing Rule 10.14. The voting results were as follows: Votes For Votes Against Abstentions Broker Non-Votes 30,920,223 1,776,430 1,004,557 — evidence_url: https://www.sec.gov/Archives/edgar/data/1581760/000158176023000068/0001581760-23-000068-index.htm - Shareholder Votes Life360, Inc. shareholders approved To approve the grant of restricted stock units to John Philip Coghlan (US$154,000) pursuant to ASX Listing Rule 10.14 at the 2023-05-30 meeting. - Outcome: passed - Meeting: 2023-05-30 source text: To approve the grant of restricted stock units to acquire shares of common stock of the Company equal in value to US$154,000 (at the time of the grant) to John Philip Coghlan on the terms and conditions set out in the Proxy statement, pursuant to and for the purposes of ASX Listing Rule 10.14. The voting results were as follows: Votes For Votes Against Abstentions Broker Non-Votes 30,846,935 1,771,520 1,082,755 — evidence_url: https://www.sec.gov/Archives/edgar/data/1581760/000158176023000068/0001581760-23-000068-index.htm - Shareholder Votes Life360, Inc. shareholders approved To approve the grant of restricted stock units to James Synge (US$125,000) pursuant to ASX Listing Rule 10.14 at the 2023-05-30 meeting. - Outcome: passed - Meeting: 2023-05-30 source text: To approve the grant of restricted stock units to acquire shares of common stock of the Company equal in value to US$125,000 (at the time of the grant) to James Synge on the terms and conditions set out in the Proxy Statement, pursuant to and for the purposes of ASX Listing Rule 10.14. The voting results were as follows: Votes For Votes Against Abstentions Broker Non-Votes 30,924,481 1,775,330 1,481,746 — evidence_url: https://www.sec.gov/Archives/edgar/data/1581760/000158176023000068/0001581760-23-000068-index.htm - Shareholder Votes Life360, Inc. shareholders approved To approve the Company's 2011 Stock Plan for purposes of ASX Listing Rule 7.2, exception 13 at the 2023-05-30 meeting. - Proposal: equity plan - Outcome: passed - Meeting: 2023-05-30 source text: To approve the Company’s 2011 Stock Plan, the terms of which are summarized in the Proxy Statement, for purposes of Australian Securities Exchange (“ASX”) Listing Rule 7.2, exception 13. The voting results were as follows: Votes For Votes Against Abstentions Broker Non-Votes 31,220,995 1,490,873 989,342 — evidence_url: https://www.sec.gov/Archives/edgar/data/1581760/000158176023000068/0001581760-23-000068-index.htm - Shareholder Votes Life360, Inc. shareholders approved To ratify the selection of Deloitte & Touche, LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-05-30 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-05-30 source text: To ratify the selection by the audit and risk management committee of the Company’s board of directors of Deloitte & Touche, LLP as the independent registered public accounting firm of the Company for its fiscal year ending December 31, 2023. The voting results were as follows: Votes For Votes Against Abstentions Broker Non-Votes 35,562,425 7,544 1,007,622 — evidence_url: https://www.sec.gov/Archives/edgar/data/1581760/000158176023000068/0001581760-23-000068-index.htm - Shareholder Votes Life360, Inc. shareholders approved To approve the grant of restricted stock units to Alex Haro (US$120,000) pursuant to ASX Listing Rule 10.14 at the 2023-05-30 meeting. - Outcome: passed - Meeting: 2023-05-30 source text: To approve the grant of restricted stock units to acquire shares of common stock of the Company equal in value to US$120,000 (at the time of the grant) to Alex Haro on the terms and conditions set out in the Proxy Statement, pursuant to and for the purposes of ASX Listing Rule 10.14. The voting results were as follows: Votes For Votes Against Abstentions Broker Non-Votes 30,944,114 1,776,223 980,873 — evidence_url: https://www.sec.gov/Archives/edgar/data/1581760/000158176023000068/0001581760-23-000068-index.htm - Shareholder Votes Life360, Inc. shareholders approved To approve the grant of restricted stock units to Randi Zuckerberg (US$125,500) pursuant to ASX Listing Rule 10.14 at the 2023-05-30 meeting. - Outcome: passed - Meeting: 2023-05-30 source text: To approve the grant of restricted stock units to acquire shares of common stock of the Company equal in value to US$125,500 (at the time of the grant) to Randi Zuckerberg on the terms and conditions set out in the Proxy Statement, pursuant to and for the purposes of ASX Listing Rule 10.14. The voting results were as follows: Votes For Votes Against Abstentions Broker Non-Votes 30,943,874 1,776,430 980,906 — evidence_url: https://www.sec.gov/Archives/edgar/data/1581760/000158176023000068/0001581760-23-000068-index.htm - Shareholder Votes Life360, Inc. shareholders approved To approve the grant of restricted stock units to Brit Morin (US$125,000) pursuant to ASX Listing Rule 10.14 at the 2023-05-30 meeting. - Outcome: passed - Meeting: 2023-05-30 source text: To approve the grant of restricted stock units to acquire shares of common stock of the Company equal in value to US$125,000 (at the time of the grant) to Brit Morin on the terms and conditions set out in the Proxy Statement, pursuant to and for the purposes of ASX Listing Rule 10.14. The voting results were as follows: Votes For Votes Against Abstentions Broker Non-Votes 30,944,823 1,775,330 981,057 — evidence_url: https://www.sec.gov/Archives/edgar/data/1581760/000158176023000068/0001581760-23-000068-index.htm - Shareholder Votes Life360, Inc. shareholders approved Election of three Class I directors to hold office until the Company's 2026 Annual Meeting of stockholders at the 2023-05-30 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-05-30 source text: To elect the following three Class I directors to hold office until the Company’s 2026 Annual Meeting of stockholders. The voting results were as follows: Name Votes For Votes Against Abstentions Broker Non-Votes Mark Goines 34,003,792 — 1,320,923 1,252,876 Alex Haro 35,703,669 — 45,403 828,519 Randi Zuckerberg 35,666,250 — 82,978 828,363 evidence_url: https://www.sec.gov/Archives/edgar/data/1581760/000158176023000068/0001581760-23-000068-index.htm - Shareholder Votes Life360, Inc. shareholders approved To ratify the issuance of 7,936,509 CDIs (2,645,504 shares) at A$6.30 per CDI pursuant to ASX Listing Rule 7.4 at the 2023-05-30 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-05-30 source text: To ratify the issuance of 7,936,509 CHESS Depositary Interests (“CDIs”) (equivalent to 2,645,504 shares of common stock) at an issue price of A$6.30 per CDI, on the terms and conditions set out in the Proxy Statement, pursuant to and for the purposes of ASX Listing Rule 7.4. The voting results were as follows: Votes For Votes Against Abstentions Broker Non-Votes 32,877,496 391,832 3,308,263 — evidence_url: https://www.sec.gov/Archives/edgar/data/1581760/000158176023000068/0001581760-23-000068-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.