Alan L. Chan - Aug 22, 2023 Form 4 Insider Report for NAUTILUS, INC. (NLS)

Role: Chief Legal and People Officer
Signature: /s/ Alan L. Chan
Stock symbol: NLS
Transactions as of: Aug 22, 2023
Transactions value $: -$2,064
Form type: 4
Date filed: 8/24/2023, 09:26 PM
Previous filing: Aug 8, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NLS	Common Stock	Options Exercise		+5.3K	+81.54%		11.8K	Aug 22, 2023	Direct	F1
transaction	NLS	Common Stock	Tax liability	-$2.06K	-2.09K	-17.68%	$0.99	9.71K	Aug 22, 2023	Direct

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	-5.3K	-33.34%	$0.00	10.6K	Aug 22, 2023	Common Stock	5.3K		Direct	F1, F2

* 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	On August 22, 2022 the Reporting Person was granted 15,887 restricted stock units, vesting in three equal annual installments on August 22, 2023, May 17, 2024 and May 17, 2025, 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.