SEC Form 4 · accession 0001209191-18-021246
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
Mar 20, 2018
Accepted (ET)
Mar 22, 2018 · 4:20 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 | Mar 20, 2018 | M | 5,350 | $2.53 | A | 381,396 | D | |
| Common StockF3 | Mar 20, 2018 | S | 5,350 | $12.9687 | D | 376,046 | D | |
| Common Stock | Mar 21, 2018 | M | 1,850 | $2.53 | A | 377,896 | D | |
| Common Stock | Mar 21, 2018 | M | 3,500 | $2.85 | A | 381,396 | D | |
| Common StockF5 | Feb 9, 2018 | S | 5,350 | $12.7486 | D | 376,046 | D | |
| Common StockF6 | holding | — | — | — | 8,935 | I | By Daughter A | |
| Common StockF6 | holding | — | — | — | 8,935 | I | By Daughter B |
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) | $2.53 | Mar 20, 2018 | M | 5,350 | D | May 30, 2012 | May 30, 2018 | Common Stock | 5,350 | 1,850 | D |
| Stock Option (right to buy) | $2.53 | Mar 21, 2018 | M | 1,850 | D | May 30, 2012 | May 30, 2018 | Common Stock | 1,850 | 0 | D |
| Stock Option (right to buy) | $2.85 | Mar 21, 2018 | M | 3,500 | D | Feb 16, 2013 | Feb 16, 2019 | Common Stock | 3,500 | 53,500 | D |
Explanation of responses
- F1Exercise of options expiring May 30, 2018 effected pursuant to a plan adopted under Rule 10b5-1 promulgated under the Securities Exchange Act of 1934.
- F2Shares sold pursuant to a plan adopted under Rule 10b5-1 promulgated under the Securities Exchange Act of 1934.
- F3The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.80 to $13.15, inclusive. The reporting person undertakes to provide Nautilus, Inc., any securityholder 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.
- F4Exercise of options expiring February 16, 2019 effected pursuant to a plan adopted under Rule 10b5-1 promulgated under the Securities Exchange Act of 1934.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.65 to $12.85, inclusive. The reporting person undertakes to provide Nautilus, Inc., any securityholder 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.
- F6Consists of previously reported shares indirectly beneficially owned by the reporting person.