SEC Form 4 · accession 0001209191-15-043818
NAUTILUS, INC. · NLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wayne M Bolio
Officer — SVP, Law & Human Resources
Period of report
May 15, 2015
Accepted (ET)
May 18, 2015 · 4:49 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 15, 2015 | M | 7,999 | $2.85 | A | 111,851 | D | |
| Common Stock | May 15, 2015 | M | 2,401 | $6.62 | A | 114,252 | D | |
| Common StockF1 | May 15, 2015 | S | 4,134 | $21.39 | D | 110,118 | 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) | $2.85 | May 15, 2015 | M | 7,999 | D | Feb 16, 2013 | Feb 16, 2019 | Common Stock | 7,999 | 0 | D |
| Stock Option (right-to-buy)F2 | $6.62 | May 15, 2015 | M | 2,401 | D | May 2, 2014 | May 2, 2020 | Common Stock | 2,401 | 1,199 | 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 $21.37 to $21.43, 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 for in this footnote.
- F2Option becomes exercisable as to one-third of the shares on May 2, 2014, and as to an additional one-third on May 2, 2015 and 2016, respectively.