Moto X (2014) :: Smart Lock Menu Option Not Found In Security Settings

After the 5.0 update, I went to add my Moto 360 as a trusted device and when I went to the Smart Lock menu option under Security settings I was surprised that there wasn't a Smart Lock menu option in there.

This is right out of the release notes from motorola: "Android Lollipop adds native support for allowing trusted devices to keep your phone unlocked (such as your Moto 360, a Bluetooth car kit or headset, etc.). Smart Lock replaces the prior trusted device capability in your Motorola phone. Note that you will need to add your trusted devices back after the transition to Lollipop in the Security settings menu under Smart Lock."

Noticed this option missing when your Moto X 2014 was upgraded to Lollipop.