Becky L. Alseth - May 5, 2022 Form 4 Insider Report for NAUTILUS, INC. (NLS)

Signature
/s/ Alan L. Chan, Attorney-In-Fact for Becky L. Alseth
Stock symbol
NLS
Transactions as of
May 5, 2022
Transactions value $
-$13,754
Form type
4
Date filed
5/9/2022, 07:24 PM
Previous filing
Mar 11, 2022
Next filing
May 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NLS Common Stock Options Exercise +11.3K +68.37% 27.8K May 5, 2022 Direct F1
transaction NLS Common Stock Tax liability -$13.8K -4.45K -16.02% $3.09 23.3K May 5, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NLS Restricted Stock Units Options Exercise $0 -11.3K -50% $0.00 11.3K May 5, 2022 Common Stock 11.3K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 Represents shares withheld to satisfy the tax liability incident to the vesting of a security issued in accordance with Rule 16b-3.
F3 On May 5, 2020 the reporting person was granted 34,184 restricted stock units, vesting in three equal annual installments on May 5, 2021, May 5, 2022 and May 5, 2023, subject to the reporting person's provision of services to the Issuer on such vesting dates. Shares of the Issuer's Common Stock will be delivered to the Reporting Person following vesting.