SEC Form 4 · accession 0001209191-15-049227
NAUTILUS, INC. · NLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce M. Cazenave
Officer — Chief Executive Officer · Director
Period of report
May 31, 2015
Accepted (ET)
Jun 2, 2015 · 9:23 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 StockF1 | May 31, 2015 | M | 6,176 | $0.00 | A | 333,392 | D | |
| Common StockF2 | May 31, 2015 | F | 2,306 | $21.12 | D | 331,086 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | $0.00 | May 31, 2015 | M | 6,176 | D | — | — | Common Stock | 6,176 | 0 | D |
Explanation of responses
- F1Represents the settlement upon vesting of restricted stock units by delivery of common stock. On May 30, 2011, the reporting owner was granted 296,443 restricted stock units, of which 25% of the shares vested on May 30, 2012. The remaining unvested restricted stock units vest in equal monthly installments over the remaining three years. The reported shares represent the settlement of restricted stock units vesting on May 31, 2015.
- F2Represents shares withheld to satisfy the tax liability incident to the vesting of a security issued in accordance with Rule 16b-3.