Aina E. Konold - 23 Feb 2022 Form 4 Insider Report for NAUTILUS, INC.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
25 Feb 2022, 17:41:30 UTC
Prior SEC filing
18 Feb 2022
Next SEC filing
12 May 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Alan L. Chan, Attorney-in-Fact for Aina E. Konold

Key filing fact

Aina E. Konold filed Form 4 for NAUTILUS, INC. on 25 Feb 2022.

Key facts

  • This page summarizes Aina E. Konold's Form 4 filing for NAUTILUS, INC..
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 25 Feb 2022, 17:41.

Change

  • Previous filing in this sequence was filed on 18 Feb 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NLS transaction Derivative

Performance Unit Award

Award

Transaction value
$0
Shares
+33,027
Change %
Price
$0.000000
Shares after
33,027
Date
23 Feb 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
33,027
Exercise price
$0.000000
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Grant to reporting person of Performance Unit Award ("PUA") under the Nautilus, Inc. Amended and Restated 2015 Long-Term Incentive Plan. The PUA is an award of a specified number of performance units, each of which represents a contingent right to receive one share of Nautilus, Inc. common stock.

Footnote F2

The performance units ("Units") vest in two installments upon Nautilus, Inc.'s common stock achieving a specified price per share over a defined period (the "Performance Goal" and the "Performance Period"). If the Performance Goal is met prior to 2/23/2024, one-half of the Units will vest on 2/23/2024, and one-half of the Units will vest on 2/23/2025; if the Performance Goal is met after 2/23/2024, one-half of the Units will vest on the date the Performance Goal is achieved and one-half of the Units will vest on 2/23/2025 (which is the last day of the Performance Period). The number of shares reported represents the maximum that may be earned, which is 100% of the number of Units awarded. No number of Units are guaranteed to vest and the actual number of Units that will vest during the Performance Period is contingent on achieving the Performance Goal during the Performance Period and contingent on the reporting person's continued service through the vesting dates.

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