Christopher Quatrochi - 22 Aug 2023 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
22 Aug 2023
Transactions value $
-$1,277
Form type
4
Filing time
24 Aug 2023, 22:27:08 UTC
Previous filing
06 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NLS Common Stock Options Exercise +5.3K +8.27% 69.4K 22 Aug 2023 Direct F1
transaction NLS Common Stock Tax liability -$1.28K -1.29K -1.86% $0.99 68.1K 22 Aug 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 22 Aug 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.