SEC Form 4 · accession 0001209191-15-041301
NAUTILUS, INC. · NLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffery Lynn Collins
Officer — VP, Retail Sales
Period of report
May 7, 2015
Accepted (ET)
May 11, 2015 · 6:17 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001078207
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 7, 2015 | M | 4,168 | $6.87 | A | 4,168 | D | |
| Common Stock | May 7, 2015 | M | 4,238 | $8.22 | A | 8,406 | D | |
| Common StockF1 | May 7, 2015 | S | 8,406 | $20.71 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right-to-buy)F2 | $6.87 | May 7, 2015 | M | 4,168 | D | — | Aug 19, 2020 | Common Stock | 12,500 | 8,332 | D |
| Stock Option (right-to-buy)F3 | $8.22 | May 7, 2015 | M | 4,238 | D | — | Feb 13, 2021 | Common Stock | 12,712 | 8,474 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average prices. These shares were sold in multiple transactions at prices ranging from $20.55 to $20.91, inclusive. The reporting person undertakes to provide to Nautilus, Inc., any security holder of Nautilus, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2Option becomes exercisable as to one-third of the total shares on August 19, 2014, 2015 and 2016, respectively.
- F3Option becomes exercisable as to one-third of the total shares on February 13, 2015, and as to an additional one-third of the total shares on February 13, 2016 and 2017, respectively.