SEC Form 4/A · accession 0001209191-15-049233
NAUTILUS, INC. · NLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Bruce M. Cazenave
Officer — Chief Executive Officer · Director
Period of report
Apr 30, 2014
Accepted (ET)
Jun 2, 2015 · 9:28 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,F2 | Apr 30, 2014 | M | 6,175 | $0.00 | A | 252,492 | D | |
| Common StockF3,F1 | Apr 30, 2014 | F | 1,688 | $8.33 | D | 250,804 | 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,F2 | $0.00 | Apr 30, 2014 | M | 6,175 | D | — | — | Common Stock | 86,462 | 80,287 | D |
Explanation of responses
- F1This amendment is being filed to correct an error in reporting the number of shares vesting on April 30, 2014. See footnote (2). As originally filed, the Form 4 over-reported the number of shares vesting on such date by one share. The total amounts of derivative and non-derivative securities beneficially owned following the transaction have also been amended to reflect the correction.
- F2Represents 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 April 30, 2014.
- F3Represents shares withheld to satisfy the tax liability incident to the vesting of a security issued in accordance with Rule 16b-3.