Christopher Quatrochi - 05 May 2022 Form 4 Insider Report for NAUTILUS, INC. (NLS)

Signature
/s/ Alan L. Chan, Attorney-In-Fact for Christopher K. Quatrochi
Issuer symbol
NLS
Transactions as of
05 May 2022
Transactions value $
-$10,747
Form type
4
Filing time
09 May 2022, 19:26:15 UTC
Previous filing
25 Feb 2022
Next filing
17 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NLS Common Stock Options Exercise +11,958 +27.71% 55,116 05 May 2022 Direct F1
transaction NLS Common Stock Tax liability -$10,747 -3,478 -6.31% $3.09 51,638 05 May 2022 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 -11,958 -50% $0 11,957 05 May 2022 Common Stock 11,958 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 5, 2020 the reporting person was granted 36,235 restricted stock units, vesting in three equal annual installments on May 5, 2021, May 5, 2022 and May 5, 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