Barr Jim 4
4 · NAUTILUS, INC. · Filed Jul 6, 2023
Insider Transaction Report
Form 4
Barr Jim
DirectorChief Executive Officer
Transactions
- Award
Restricted Stock Units
2023-07-03+25,000→ 25,000 total→ Common Stock (25,000 underlying) - Award
Employee Stock Option (right to buy)
2023-07-03+568,182→ 568,182 totalExercise: $1.19Exp: 2033-07-03→ Common Stock (568,182 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock upon settlement for no consideration.
- [F2]On July 3, 2023, the reporting person was granted 25,000 RSUs, vesting in three installments on July 3, 2024 (40%), May 16, 2025 (40%), and May 16, 2026 (20%), 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.
- [F3]The option vests in three installments on July 3, 2024, May 16, 2025, and May 16, 2026.