4//SEC Filing
Collins Jeffery Lynn 4
Accession 0001078207-22-000040
CIK 0001078207other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 6:42 PM ET
Size
10.6 KB
Accession
0001078207-22-000040
Insider Transaction Report
Form 4
Collins Jeffery Lynn
VP, Retail Sales
Transactions
- Award
Performance Unit Award
2022-02-23+24,449→ 24,449 totalExercise: $0.00→ Common Stock (24,449 underlying)
Footnotes (2)
- [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.
- [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.
Issuer
NAUTILUS, INC.
CIK 0001078207
Entity typeother
Related Parties
1- filerCIK 0001600732
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 6:42 PM ET
- Size
- 10.6 KB