Jim Barr - Aug 30, 2021 Form 4 Insider Report for NAUTILUS, INC. (NLS)

Role
Chief Executive Officer, Director
Signature
/s/ Sarah A. Jones, Attorney-in-fact for Jim Barr
Stock symbol
NLS
Transactions as of
Aug 30, 2021
Transactions value $
-$2,203,716
Form type
4
Date filed
9/1/2021, 07:43 PM
Previous filing
Jul 30, 2021
Next filing
Feb 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NLS Common Stock Options Exercise $136K +75.8K +43.26% $1.79 251K Aug 30, 2021 Direct
transaction NLS Common Stock Sale -$880K -75.8K -30.2% $11.61* 175K Aug 30, 2021 Direct F1
transaction NLS Common Stock Options Exercise $136K +75.8K +43.26% $1.79 251K Aug 31, 2021 Direct
transaction NLS Common Stock Sale -$875K -75.8K -30.2% $11.54* 175K Aug 31, 2021 Direct F2
transaction NLS Common Stock Options Exercise $136K +75.8K +43.26% $1.79 251K Sep 1, 2021 Direct
transaction NLS Common Stock Sale -$856K -75.8K -30.2% $11.29* 175K Sep 1, 2021 Direct F3

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 Stock Option (Right to Buy) Options Exercise $0 -75.8K -11.11% $0.00 606K Aug 30, 2021 Common Stock 75.8K $1.79 Direct F4
transaction NLS Stock Option (Right to Buy) Options Exercise $0 -75.8K -12.5% $0.00 531K Aug 31, 2021 Common Stock 75.8K $1.79 Direct F4
transaction NLS Stock Option (Right to Buy) Options Exercise $0 -75.8K -14.29% $0.00 455K Sep 1, 2021 Common Stock 75.8K $1.79 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 30, 2021, pursuant to a pre-planned Rule 10b5-1 trading plan previously adopted by Mr. Barr on June 9, 2021 for personal long-term financial and tax planning strategies purposes, Mr. Barr sold 75,796 shares of the issuer in multiple trades at prices ranging from $11.39 to $11.75. The price reported above reflects the weighted average sale price. The reporting person undertakes to provide Nautilus, Inc., any securityholder of Nautilus, Inc., or the staff of the Securities & Exchange Commission upon request, full information regarding the number of shares sold at each separate price.
F2 On August 31, 2021, pursuant to a pre-planned Rule 10b5-1 trading plan previously adopted by Mr. Barr on June 9, 2021 for personal long-term financial and tax planning strategies purposes, Mr. Barr sold 75,796 shares of the issuer in multiple trades at prices ranging from $11.35 to $11.76. The price reported above reflects the weighted average sale price. The reporting person undertakes to provide Nautilus, Inc., any securityholder of Nautilus, Inc., or the staff of the Securities & Exchange Commission upon request, full information regarding the number of shares sold at each separate price.
F3 On September 1, 2021, pursuant to a pre-planned Rule 10b5-1 trading plan previously adopted by Mr. Barr on June 9, 2021 for personal long-term financial and tax planning strategies purposes, Mr. Barr sold 75,796 shares of the issuer in multiple trades at prices ranging from $11.06 to $11.51. The price reported above reflects the weighted average sale price. The reporting person undertakes to provide Nautilus, Inc., any securityholder of Nautilus, Inc., or the staff of the Securities & Exchange Commission upon request, full information regarding the number of shares sold at each separate price.
F4 The options will vest as to 1/3 of the total award on each of 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.