SEC Form 4 · accession 0001209191-16-120527
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 12, 2016
Accepted (ET)
May 16, 2016 · 7:07 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 12, 2016 | M | 4,166 | $6.87 | A | 4,209 | D | |
| Common Stock | May 12, 2016 | M | 4,237 | $8.22 | A | 8,466 | D | |
| Common StockF2 | May 12, 2016 | S | 8,403 | $19.57 | D | 43 | D | |
| Common Stock | May 13, 2016 | A | 69 | $16.69 | A | 112 | 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)F4 | $6.87 | May 12, 2016 | M | 4,166 | D | — | Aug 19, 2020 | Common Stock | 8,332 | 4,166 | D |
| Stock Option (right-to-buy)F5 | $8.22 | May 12, 2016 | M | 4,237 | D | — | Feb 13, 2021 | Common Stock | 8,474 | 4,237 | D |
Explanation of responses
- F1Includes 43 shares acquired pursuant to the issuer's Employee Stock Purchase Plan in a transaction that was exempt under Rule 16b-3.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.43 to $19.76, 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 to this Form 4.
- F3The shares were acquired pursuant to the issuer's Employee Stock Purchase Plan in a transaction that was exempt under Rule 16b-3.
- F4Option becomes exercisable as to one-third of the shares on August 19, 2014, and as to an additional one-third of the total shares on August 19, 2015 and 2016, respectively.
- F5Option 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.