SEC Form 4 · accession 0001209191-16-120539
NAUTILUS, INC. · NLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert O. Murdock
Officer — VP, GM Direct
Period of report
May 13, 2016
Accepted (ET)
May 16, 2016 · 7:14 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 13, 2016 | M | 1,875 | $1.85 | A | 3,821 | D | |
| Common Stock | May 13, 2016 | M | 999 | $6.62 | A | 4,820 | D | |
| Common Stock | May 13, 2016 | M | 4,540 | $8.22 | A | 9,360 | D | |
| Common Stock | May 13, 2016 | A | 712 | $16.69 | A | 10,072 | D | |
| Common Stock | May 13, 2016 | S | 9,360 | $20.00 | D | 712 | 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 | $1.85 | May 13, 2016 | M | 1,875 | D | — | Aug 5, 2018 | Common Stock | 1,875 | 0 | D |
| Stock Option (right-to-buy)F3 | $6.62 | May 13, 2016 | M | 999 | D | — | May 2, 2020 | Common Stock | 999 | 0 | D |
| Stock Option (right-to-buy)F4 | $8.22 | May 13, 2016 | M | 4,540 | D | — | Feb 13, 2021 | Common Stock | 9,080 | 4,540 | D |
Explanation of responses
- F1The shares were acquired pursuant to the issuer's Employee Stock Purchase Plan in a transaction that was exempt under Rule 16b-3.
- F2The option becomes exercisable in four annual installments on each anniversary of August 5, 2011, the date of grant.
- F3Option 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.
- F4Option 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.