Jim Barr - Jul 29, 2021 Form 4 Insider Report for NAUTILUS, INC. (NLS)

Role: Chief Executive Officer, Director
Signature: /s/ Aina E. Konold, Attorney-in-fact for Jim Barr
Stock symbol: NLS
Transactions as of: Jul 29, 2021
Transactions value $: -$1,292,777
Form type: 4
Date filed: 7/30/2021, 05:27 PM
Previous filing: May 17, 2021
Next filing: Sep 1, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NLS	Common Stock	Options Exercise		+223K	+563.27%		263K	Jul 29, 2021	Direct	F1
transaction	NLS	Common Stock	Tax liability	-$1.29M	-87.9K	-33.42%	$14.70^*	175K	Jul 29, 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	-223K	-50%	$0.00	223K	Jul 29, 2021	Common Stock	223K		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 July 29, 2019 the reporting person was granted 670,469 restricted stock units, vesting in three equal annual installments on July 29, 2020, July 29, 2021 and July 29, 2022, 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.