Wayne Bolio - May 5, 2021 Form 4 Insider Report for NAUTILUS, INC. (NLS)

Role
SVP, Law & Human Resources
Signature
/s/ Aina E. Konold, Attorney-in-fact for Wayne Bolio
Stock symbol
NLS
Transactions as of
May 5, 2021
Transactions value $
-$58,156
Form type
4
Date filed
5/7/2021, 04:18 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NLS Common Stock Options Exercise +14.1K +78.28% 32.1K May 5, 2021 Direct F1
transaction NLS Common Stock Tax liability -$58.2K -3.43K -10.69% $16.96* 28.6K May 5, 2021 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 -14.1K -34% $0.00 27.3K May 5, 2021 Common Stock 14.1K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Wayne Bolio is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 41,412 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.