Aina E. Konold - May 10, 2023 Form 4 Insider Report for NAUTILUS, INC. (NLS)

Role
Chief Financial Officer
Signature
/s/ Alan L. Chan, Attorney-In-Fact for Aina E. Konold
Stock symbol
NLS
Transactions as of
May 10, 2023
Transactions value $
-$26,354
Form type
4
Date filed
5/12/2023, 06:26 PM
Previous filing
Feb 21, 2023
Next filing
May 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NLS Common Stock Options Exercise +53.3K +29.95% 231K May 10, 2023 Direct F1
transaction NLS Common Stock Tax liability -$26.4K -22K -9.49% $1.20 209K May 10, 2023 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 -53.3K -100% $0.00* 0 May 10, 2023 Common Stock 53.3K 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 10, 2020 the reporting person was granted 160,000 restricted stock units, vesting in three equal annual installments on May 10, 2021, May 10, 2022 and May 10, 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.

Remarks:

Exhibit 24 Power of Attorney