SEC FORM
4
SEC Form 4
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
|
| OMB APPROVAL |
| OMB Number: |
3235-0287 |
| Estimated average burden |
| hours per response: |
0.5 |
|
|
 |
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
|
2. Issuer Name and Ticker or Trading Symbol
NAUTILUS, INC.
[ NLS ]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
Director |
X |
10% Owner |
|
Officer (give title below) |
|
Other (specify below) |
|
|
3. Date of Earliest Transaction
(Month/Day/Year)
10/17/2007
|
4. If Amendment, Date of Original Filed
(Month/Day/Year)
|
6. Individual or Joint/Group Filing (Check Applicable Line)
|
Form filed by One Reporting Person |
| X |
Form filed by More than One Reporting Person |
|
| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
|---|
| 1. Title of Security (Instr.
3)
|
2. Transaction Date
(Month/Day/Year) |
2A. Deemed Execution Date, if any
(Month/Day/Year) |
3. Transaction Code (Instr.
8)
|
4. Securities Acquired (A) or Disposed Of (D) (Instr.
3, 4 and 5)
|
5.
Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr.
3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr.
4)
|
7. Nature of Indirect Beneficial Ownership (Instr.
4)
|
| Code |
V |
Amount |
(A) or (D) |
Price |
| Common Stock |
10/17/2007 |
|
P |
|
300,000 |
A |
|
7,705,455
|
I |
See footnote
|
| Common Stock |
10/18/2007 |
|
P |
|
105,171 |
A |
|
7,810,626
|
I |
See footnote
|
| Common Stock |
10/19/2007 |
|
P |
|
75,000 |
A |
|
7,885,626
|
I |
See footnote
|
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
|
|---|
| 1. Title of Derivative Security (Instr.
3)
|
2. Conversion or Exercise Price of Derivative Security
|
3. Transaction Date
(Month/Day/Year) |
3A. Deemed Execution Date, if any
(Month/Day/Year) |
4. Transaction Code (Instr.
8)
|
5.
Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr.
3, 4 and 5)
|
6. Date Exercisable and Expiration Date
(Month/Day/Year) |
7. Title and Amount of Securities Underlying Derivative Security (Instr.
3 and 4)
|
8. Price of Derivative Security (Instr.
5)
|
9.
Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr.
4)
|
10. Ownership Form: Direct (D) or Indirect (I) (Instr.
4)
|
11. Nature of Indirect Beneficial Ownership (Instr.
4)
|
| Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
1. Name and Address of Reporting Person*
(Street)
|
1. Name and Address of Reporting Person*
(Street)
|
1. Name and Address of Reporting Person*
(Street)
|
1. Name and Address of Reporting Person*
(Street)
|
1. Name and Address of Reporting Person*
(Street)
|
1. Name and Address of Reporting Person*
(Street)
|
1. Name and Address of Reporting Person*
(Street)
|
1. Name and Address of Reporting Person*
(Street)
|
| Explanation of Responses: |
|
|
| Remarks: |
|
|
/s/ Craig L. McKibben, attorney in fact |
10/19/2007 |
|
** Signature of Reporting Person |
Date |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. |
| * If the form is filed by more than one reporting person,
see
Instruction
4
(b)(v). |
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure. |
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |
Exhibit 99.1
Form 4 Joint Filer Information
Names of the Reporting Persons: o Sherborne Investors LP, a Delaware limited
partnership and managing member of each of
the Funds (as defined below) ("Managing
Member");
o Sherborne Investors GP, LLC, a Delaware
limited liability company and general
partner of the Managing Member ("Sherborne
Investors GP");
o Sherborne Investors Management LP, a
Delaware limited partnership and
investment manager to the Funds
("Sherborne Management");
o Sherborne Investors Management GP, LLC, a
Delaware limited liability company and
general partner of Sherborne Management
("Sherborne Management GP");
o Sherborne Strategic Fund A, LLC, a
Delaware limited liability company
("Strategic Fund A");
o Sherborne Strategic Fund B, LLC, a
Delaware limited liability company
("Strategic Fund B");
o Nottingham Investors LLC, a Delaware
limited liability company ("Nottingham"
and, together with Strategic Fund A and
Strategic Fund B, the "Funds"); and
o Edward J. Bramson, the managing member of
Sherborne Investors GP and Sherborne
Management GP ("Bramson").
Address for each of the 135 East 57th Street, New York, NY 10022
Reporting Persons:
Date of Earliest Transaction October 17, 2007
Required to be Reported:
Designated Filer for each of Sherborne Investors GP, LLC
the Reporting Persons:
Issuer & Ticker Symbol for each Nautilus, Inc.; NLS
of the Reporting Persons:
Title of Security for each of Common Stock, no par value (the "Shares")
the Reporting Persons:
Transaction Code for each of P
the Reporting Persons:
Securities Acquired(1): o Strategic Fund A directly acquired Shares
as follows:
Amount of
Securities
Beneficially Owned
Amount of Securities Following Reported
Transaction Date Acquired Price Transactions
- -------------------- ------------------- ------------------- ------------------
10/17/2007 119.658 $ 6.290 633,063.897
10/17/2007 3,820.509 $ 6.300 636,884.406
10/17/2007 2,367.946 $ 6.310 639,252.352
10/17/2007 17.094 $ 6.315 639,269.446
10/17/2007 8,119.223 $ 6.320 647,388.669
10/17/2007 8.547 $ 6.325 647,397.216
10/17/2007 1,818.374 $ 6.330 649,215.590
10/17/2007 34.188 $ 6.335 649,249.778
10/17/2007 5,790.593 $ 6.340 655,040.370
10/17/2007 34.188 $ 6.345 655,074.558
10/17/2007 3,510.680 $ 6.350 658,585.239
10/18/2007 85.470 $ 6.280 658,670.709
10/18/2007 8.547 $ 6.285 658,679.256
10/18/2007 121.282 $ 6.290 658,800.538
10/18/2007 2,179.485 $ 6.300 660,980.023
10/18/2007 333.333 $ 6.310 661,313.356
10/18/2007 324.786 $ 6.320 661,638.142
10/18/2007 17.094 $ 6.321 661,655.236
10/18/2007 170.940 $ 6.325 661,826.176
10/18/2007 1,349.913 $ 6.330 663,176.089
10/18/2007 8.547 $ 6.332 663,184.636
10/18/2007 34.188 $ 6.335 663,218.824
10/18/2007 920.085 $ 6.340 664,138.908
10/18/2007 8.547 $ 6.342 664,147.455
10/18/2007 777.777 $ 6.350 664,925.232
10/18/2007 25.641 $ 6.352 664,950.873
10/18/2007 1,281.452 $ 6.360 666,232.325
10/18/2007 239.316 $ 6.380 666,471.641
10/18/2007 25.641 $ 6.390 666,497.282
10/18/2007 8.547 $ 6.395 666,505.829
10/18/2007 1,068.375 $ 6.400 667,574.204
10/19/2007 128.205 $ 5.470 667,702.409
10/19/2007 17.094 $ 5.480 667,719.503
10/19/2007 188.034 $ 5.490 667,907.537
10/19/2007 888.888 $ 5.500 668,796.425
10/19/2007 8.547 $ 5.505 668,804.972
10/19/2007 478.632 $ 5.510 669,283.604
10/19/2007 239.316 $ 5.590 669,522.920
10/19/2007 51.282 $ 5.595 669,574.202
10/19/2007 521.367 $ 5.600 670,095.569
10/19/2007 8.547 $ 5.605 670,104.116
10/19/2007 803.418 $ 5.610 670,907.534
10/19/2007 85.470 $ 5.630 670,993.004
10/19/2007 683.760 $ 5.670 671,676.764
10/19/2007 170.940 $ 5.690 671,847.704
10/19/2007 25.641 $ 5.705 671,873.345
10/19/2007 135.043 $ 5.710 672,008.388
10/19/2007 34.188 $ 5.730 672,042.576
10/19/2007 8.547 $ 5.735 672,051.123
10/19/2007 369.230 $ 5.740 672,420.353
10/19/2007 709.401 $ 5.750 673,129.754
10/19/2007 8.547 $ 5.840 673,138.301
10/19/2007 282.051 $ 5.850 673,420.352
10/19/2007 17.094 $ 5.860 673,437.446
10/19/2007 42.735 $ 5.880 673,480.181
10/19/2007 410.256 $ 5.890 673,890.437
10/19/2007 94.017 $ 5.900 673,984.454
o Strategic Fund B directly acquired Shares
as follows:
Amount of
Securities
Beneficially Owned
Amount of Securities Following Reported
Transaction Date Acquired Price Transactions
- -------------------- ------------------- ------------------- ------------------
10/17/2007 179.487 $ 6.290 949,595.845
10/17/2007 5,730.764 $ 6.300 955,326.609
10/17/2007 3,551.920 $ 6.310 958,878.528
10/17/2007 25.641 $ 6.315 958,904.169
10/17/2007 12,178.834 $ 6.320 971,083.003
10/17/2007 12.821 $ 6.325 971,095.824
10/17/2007 2,727.561 $ 6.330 973,823.385
10/17/2007 51.282 $ 6.335 973,874.667
10/17/2007 8,685.889 $ 6.340 982,560.556
10/17/2007 51.282 $ 6.345 982,611.838
10/17/2007 5,266.020 $ 6.350 987,877.858
10/18/2007 128.205 $ 6.280 988,006.063
10/18/2007 12.821 $ 6.285 988,018.884
10/18/2007 181.923 $ 6.290 988,200.806
10/18/2007 3,269.228 $ 6.300 991,470.034
10/18/2007 500.000 $ 6.310 991,970.033
10/18/2007 487.179 $ 6.320 992,457.212
10/18/2007 25.641 $ 6.321 992,482.853
10/18/2007 256.410 $ 6.325 992,739.263
10/18/2007 2,024.870 $ 6.330 994,764.133
10/18/2007 12.821 $ 6.332 994,776.954
10/18/2007 51.282 $ 6.335 994,828.236
10/18/2007 1,380.127 $ 6.340 996,208.363
10/18/2007 12.821 $ 6.342 996,221.183
10/18/2007 1,166.666 $ 6.350 997,387.849
10/18/2007 38.462 $ 6.352 997,426.310
10/18/2007 1,922.178 $ 6.360 999,348.488
10/18/2007 358.974 $ 6.380 999,707.462
10/18/2007 38.462 $ 6.390 999,745.923
10/18/2007 12.821 $ 6.395 999,758.744
10/18/2007 1,602.563 $ 6.400 1,001,361.306
10/19/2007 192.308 $ 5.470 1,001,553.614
10/19/2007 25.641 $ 5.480 1,001,579.255
10/19/2007 282.051 $ 5.490 1,001,861.306
10/19/2007 1,333.332 $ 5.500 1,003,194.638
10/19/2007 12.821 $ 5.505 1,003,207.458
10/19/2007 717.948 $ 5.510 1,003,925.406
10/19/2007 358.974 $ 5.590 1,004,284.380
10/19/2007 76.923 $ 5.595 1,004,361.303
10/19/2007 782.051 $ 5.600 1,005,143.354
10/19/2007 12.821 $ 5.605 1,005,156.174
10/19/2007 1,205.127 $ 5.610 1,006,361.301
10/19/2007 128.205 $ 5.630 1,006,489.506
10/19/2007 1,025.640 $ 5.670 1,007,515.146
10/19/2007 256.410 $ 5.690 1,007,771.556
10/19/2007 38.462 $ 5.705 1,007,810.018
10/19/2007 202.564 $ 5.710 1,008,012.582
10/19/2007 51.282 $ 5.730 1,008,063.864
10/19/2007 12.821 $ 5.735 1,008,076.684
10/19/2007 553.846 $ 5.740 1,008,630.530
10/19/2007 1,064.102 $ 5.750 1,009,694.631
10/19/2007 12.821 $ 5.840 1,009,707.452
10/19/2007 423.077 $ 5.850 1,010,130.528
10/19/2007 25.641 $ 5.860 1,010,156.169
10/19/2007 64.103 $ 5.880 1,010,220.272
10/19/2007 615.384 $ 5.890 1,010,835.656
10/19/2007 141.026 $ 5.900 1,010,976.681
o Nottingham directly acquired Shares as
follows:
Amount of
Securities
Beneficially Owned
Amount of Securities Following Reported
Transaction Date Acquired Price Transactions
- -------------------- ------------------- ------------------- ------------------
10/17/2007 1,100.855 $ 6.290 5,824,195.255
10/17/2007 35,148.728 $ 6.300 5,859,343.983
10/17/2007 21,785.134 $ 6.310 5,881,129.117
10/17/2007 157.265 $ 6.315 5,881,286.382
10/17/2007 74,696.943 $ 6.320 5,955,983.325
10/17/2007 78.633 $ 6.325 5,956,061.958
10/17/2007 16,729.064 $ 6.330 5,972,791.022
10/17/2007 314.530 $ 6.335 5,973,105.552
10/17/2007 53,273.519 $ 6.340 6,026,379.071
10/17/2007 314.530 $ 6.345 6,026,693.601
10/17/2007 32,298.299 $ 6.350 6,058,991.900
10/18/2007 786.325 $ 6.280 6,059,778.225
10/18/2007 78.633 $ 6.285 6,059,856.858
10/18/2007 1,115.795 $ 6.290 6,060,972.653
10/18/2007 20,051.288 $ 6.300 6,081,023.940
10/18/2007 3,066.668 $ 6.310 6,084,090.608
10/18/2007 2,988.035 $ 6.320 6,087,078.643
10/18/2007 157.265 $ 6.321 6,087,235.908
10/18/2007 1,572.650 $ 6.325 6,088,808.558
10/18/2007 12,419.217 $ 6.330 6,101,227.775
10/18/2007 78.633 $ 6.332 6,101,306.407
10/18/2007 314.530 $ 6.335 6,101,620.937
10/18/2007 8,464.789 $ 6.340 6,110,085.726
10/18/2007 78.633 $ 6.342 6,110,164.359
10/18/2007 7,155.558 $ 6.350 6,117,319.916
10/18/2007 235.898 $ 6.352 6,117,555.814
10/18/2007 11,789.371 $ 6.360 6,129,345.184
10/18/2007 2,201.710 $ 6.380 6,131,546.894
10/18/2007 235.898 $ 6.390 6,131,782.792
10/18/2007 78.633 $ 6.395 6,131,861.424
10/18/2007 9,829.063 $ 6.400 6,141,690.487
10/19/2007 1,179.488 $ 5.470 6,142,869.974
10/19/2007 157.265 $ 5.480 6,143,027.239
10/19/2007 1,729.915 $ 5.490 6,144,757.154
10/19/2007 8,177.780 $ 5.500 6,152,934.934
10/19/2007 78.633 $ 5.505 6,153,013.567
10/19/2007 4,403.420 $ 5.510 6,157,416.987
10/19/2007 2,201.710 $ 5.590 6,159,618.697
10/19/2007 471.795 $ 5.595 6,160,090.492
10/19/2007 4,796.583 $ 5.600 6,164,887.074
10/19/2007 78.633 $ 5.605 6,164,965.707
10/19/2007 7,391.455 $ 5.610 6,172,357.162
10/19/2007 786.325 $ 5.630 6,173,143.487
10/19/2007 6,290.600 $ 5.670 6,179,434.087
10/19/2007 1,572.650 $ 5.690 6,181,006.737
10/19/2007 235.898 $ 5.705 6,181,242.634
10/19/2007 1,242.394 $ 5.710 6,182,485.028
10/19/2007 314.530 $ 5.730 6,182,799.558
10/19/2007 78.633 $ 5.735 6,182,878.190
10/19/2007 3,396.924 $ 5.740 6,186,275.114
10/19/2007 6,526.498 $ 5.750 6,192,801.612
10/19/2007 78.633 $ 5.840 6,192,880.244
10/19/2007 2,594.873 $ 5.850 6,195,475.117
10/19/2007 157.265 $ 5.860 6,195,632.382
10/19/2007 393.163 $ 5.880 6,196,025.544
10/19/2007 3,774.360 $ 5.890 6,199,799.904
10/19/2007 864.958 $ 5.900 6,200,664.862
o Each of (i) the Managing Member, as the
managing member of the Funds, (ii)
Sherborne Investors GP, as the general
partner of the Managing Member and (iii)
Bramson, as the managing member of
Sherborne Investors GP, indirectly
acquired the Shares that were directly
acquired by the Funds as follows:
Amount of
Securities
Beneficially Owned
Amount of Securities Following Reported
Transaction Date Acquired Price Transactions
- -------------------- ------------------- ------------------- ------------------
10/17/2007 1,400 $ 6.290 7,406,855.000
10/17/2007 44,700 $ 6.300 7,451,555.000
10/17/2007 27,705 $ 6.310 7,479,260.000
10/17/2007 200 $ 6.315 7,479,460.000
10/17/2007 94,995 $ 6.320 7,574,455.000
10/17/2007 100 $ 6.325 7,574,555.000
10/17/2007 21,275 $ 6.330 7,595,830.000
10/17/2007 400 $ 6.335 7,596,230.000
10/17/2007 67,750 $ 6.340 7,663,980.000
10/17/2007 400 $ 6.345 7,664,380.000
10/17/2007 41,075 $ 6.350 7,705,455.000
10/18/2007 1,000 $ 6.280 7,706,455.000
10/18/2007 100 $ 6.285 7,706,555.000
10/18/2007 1,419 $ 6.290 7,707,974.000
10/18/2007 25,500 $ 6.300 7,733,474.000
10/18/2007 3,900 $ 6.310 7,737,374.000
10/18/2007 3,800 $ 6.320 7,741,174.000
10/18/2007 200 $ 6.321 7,741,374.000
10/18/2007 2,000 $ 6.325 7,743,374.000
10/18/2007 15,794 $ 6.330 7,759,168.000
10/18/2007 100 $ 6.332 7,759,268.000
10/18/2007 400 $ 6.335 7,759,668.000
10/18/2007 10,765 $ 6.340 7,770,433.000
10/18/2007 100 $ 6.342 7,770,533.000
10/18/2007 9,100 $ 6.350 7,779,633.000
10/18/2007 300 $ 6.352 7,779,933.000
10/18/2007 14,993 $ 6.360 7,794,926.000
10/18/2007 2,800 $ 6.380 7,797,726.000
10/18/2007 300 $ 6.390 7,798,026.000
10/18/2007 100 $ 6.395 7,798,126.000
10/18/2007 12,500 $ 6.400 7,810,626.000
10/19/2007 1,500 $ 5.470 7,812,126.000
10/19/2007 200 $ 5.480 7,812,326.000
10/19/2007 2,200 $ 5.490 7,814,526.000
10/19/2007 10,400 $ 5.500 7,824,926.000
10/19/2007 100 $ 5.505 7,825,026.000
10/19/2007 5,600 $ 5.510 7,830,626.000
10/19/2007 2,800 $ 5.590 7,833,426.000
10/19/2007 600 $ 5.595 7,834,026.000
10/19/2007 6,100 $ 5.600 7,840,126.000
10/19/2007 100 $ 5.605 7,840,226.000
10/19/2007 9,400 $ 5.610 7,849,626.000
10/19/2007 1,000 $ 5.630 7,850,626.000
10/19/2007 8,000 $ 5.670 7,858,626.000
10/19/2007 2,000 $ 5.690 7,860,626.000
10/19/2007 300 $ 5.705 7,860,926.000
10/19/2007 1,580 $ 5.710 7,862,506.000
10/19/2007 400 $ 5.730 7,862,906.000
10/19/2007 100 $ 5.735 7,863,006.000
10/19/2007 4,320 $ 5.740 7,867,326.000
10/19/2007 8,300 $ 5.750 7,875,626.000
10/19/2007 100 $ 5.840 7,875,726.000
10/19/2007 3,300 $ 5.850 7,879,026.000
10/19/2007 200 $ 5.860 7,879,226.000
10/19/2007 500 $ 5.880 7,879,726.000
10/19/2007 4,800 $ 5.890 7,884,526.000
10/19/2007 1,100 $ 5.900 7,885,626.000
o Sherborne Management, as the investment
manager to the Funds that only receives an
asset-based fee, beneficially owns 0
Shares.
o Sherborne Management GP, as the general
partner of Sherborne Management,
beneficially owns 0 Shares.
- -----------------
(1) Each of the Reporting Persons disclaims beneficial ownership of these
securities except to the extent of the Reporting Person's pecuniary
interest therein, and the inclusion of these shares in this report shall
not be deemed an admission of beneficial ownership for purposes of Section
16 or for any other purpose.
Sherborne Investors /s/ Craig L. McKibben, attorney in fact October 19, 2007
LP --------------------------------------- ------------------
**Signature of Reporting Person Date
Sherborne Investors /s/ Craig L. McKibben, attorney in fact October 19, 2007
Management LP --------------------------------------- ------------------
**Signature of Reporting Person Date
Sherborne Investors /s/ Craig L. McKibben, attorney in fact October 19, 2007
Management GP, LLC --------------------------------------- ------------------
**Signature of Reporting Person Date
Sherborne Strategic /s/ Craig L. McKibben, attorney in fact October 19, 2007
Fund A, LLC --------------------------------------- ------------------
**Signature of Reporting Person Date
Sherborne Strategic /s/ Craig L. McKibben, attorney in fact October 19, 2007
Fund B, LLC --------------------------------------- ------------------
**Signature of Reporting Person Date
Nottingham Investors /s/ Craig L. McKibben, attorney in fact October 19, 2007
LLC --------------------------------------- ------------------
**Signature of Reporting Person Date
Edward J. Bramson /s/ Craig L. McKibben, attorney in fact October 19, 2007
--------------------------------------- ------------------
**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
