Jeffery L. Collins - May 5, 2021 Form 4 Insider Report for NAUTILUS, INC. (NLS)

Role: VP & GM, Intr./Comm. Specialty
Signature: /s/ Aina E. Konold, Attorney-in-fact for Jeffery L. Collins
Stock symbol: NLS
Transactions as of: May 5, 2021
Transactions value $: -$50,880
Form type: 4
Date filed: 5/7/2021, 04:20 PM
Next filing: May 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NLS	Common Stock	Options Exercise		+12.3K	+108.35%		23.7K	May 5, 2021	Direct	F1
transaction	NLS	Common Stock	Tax liability	-$50.9K	-3K	-12.66%	$16.96^*	20.7K	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	-12.3K	-34%	$0.00	23.9K	May 5, 2021	Common Stock	12.3K		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 36,235 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.