-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GgKH8P0b+r4e3meBG8Wa6A4dPRO9QkFOIMIBeBUaR9EuWT9oFZVE41WrmdYTqUuN MK0kqzSM9o/FHYY88qlCIA== 0001209191-08-060811.txt : 20081114 0001209191-08-060811.hdr.sgml : 20081114 20081114182507 ACCESSION NUMBER: 0001209191-08-060811 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20081113 FILED AS OF DATE: 20081114 DATE AS OF CHANGE: 20081114 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BRAMSON EDWARD J CENTRAL INDEX KEY: 0001016268 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31321 FILM NUMBER: 081193472 BUSINESS ADDRESS: BUSINESS PHONE: 2129356144 MAIL ADDRESS: STREET 1: C/O BATTLE FOWLER LLP STREET 2: 135 EAST 57TH STREET 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NAUTILUS, INC. CENTRAL INDEX KEY: 0001078207 STANDARD INDUSTRIAL CLASSIFICATION: [3949] IRS NUMBER: 943002667 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 16400 SE NAUTILUS DRIVE CITY: VANCOUVER STATE: WA ZIP: 98683 BUSINESS PHONE: 3606947722 MAIL ADDRESS: STREET 1: 16400 SE NAUTILUS DRIVE CITY: VANCOUVER STATE: WA ZIP: 98683 FORMER COMPANY: FORMER CONFORMED NAME: NAUTILUS GROUP INC DATE OF NAME CHANGE: 20020523 FORMER COMPANY: FORMER CONFORMED NAME: DIRECT FOCUS INC DATE OF NAME CHANGE: 19990202 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sherborne Investors Management GP, LLC CENTRAL INDEX KEY: 0001406671 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31321 FILM NUMBER: 081193476 BUSINESS ADDRESS: STREET 1: 135 E. 57TH STREET STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (212) 735-1000 MAIL ADDRESS: STREET 1: 135 E. 57TH STREET STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sherborne Investors Management LP CENTRAL INDEX KEY: 0001406672 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31321 FILM NUMBER: 081193477 BUSINESS ADDRESS: STREET 1: 135 E. 57TH STREET STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (212) 735-1000 MAIL ADDRESS: STREET 1: 135 E. 57TH STREET STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sherborne Investors GP, LLC CENTRAL INDEX KEY: 0001373507 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31321 FILM NUMBER: 081193479 BUSINESS ADDRESS: STREET 1: 135 EAST 57TH STREET CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (212) 735-1000 MAIL ADDRESS: STREET 1: 135 EAST 57TH STREET CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Nottingham Investors LLC CENTRAL INDEX KEY: 0001406669 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31321 FILM NUMBER: 081193473 BUSINESS ADDRESS: STREET 1: 135 E. 57TH STREET STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (212) 735-1000 MAIL ADDRESS: STREET 1: 135 E. 57TH STREET STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sherborne Strategic Fund B, LLC CENTRAL INDEX KEY: 0001406670 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31321 FILM NUMBER: 081193474 BUSINESS ADDRESS: STREET 1: 135 E. 57TH STREET STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (212) 735-1000 MAIL ADDRESS: STREET 1: 135 E. 57TH STREET STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sherborne Strategic Fund A, LLC CENTRAL INDEX KEY: 0001406674 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31321 FILM NUMBER: 081193475 BUSINESS ADDRESS: STREET 1: 135 E. 57TH STREET STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (212) 735-1000 MAIL ADDRESS: STREET 1: 135 E. 57TH STREET STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sherborne Investors LP CENTRAL INDEX KEY: 0001406888 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31321 FILM NUMBER: 081193478 BUSINESS ADDRESS: STREET 1: 135 E. 57TH STREET STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (212) 735-1000 MAIL ADDRESS: STREET 1: 135 E. 57TH STREET STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 4 1 c77356_4x1.xml MAIN DOCUMENT DESCRIPTION X0303 4 2008-11-13 0001078207 NAUTILUS, INC. NLS 0001373507 Sherborne Investors GP, LLC 135 EAST 57TH STREET NEW YORK NY 10022 0 0 1 0 0001406888 Sherborne Investors LP 135 EAST 57TH STREET NEW YORK NY 10022 0 0 1 0 0001406672 Sherborne Investors Management LP 135 EAST 57TH STREET NEW YORK NY 10022 0 0 1 0 0001406671 Sherborne Investors Management GP, LLC 135 EAST 57TH STREET NEW YORK NY 10022 0 0 1 0 0001406674 Sherborne Strategic Fund A, LLC 135 EAST 57TH STREET NEW YORK NY 10022 0 0 1 0 0001406670 Sherborne Strategic Fund B, LLC 135 EAST 57TH STREET NEW YORK NY 10022 0 0 1 0 0001406669 Nottingham Investors LLC 135 EAST 57TH STREET NEW YORK NY 10022 0 0 1 0 0001016268 BRAMSON EDWARD J 135 EAST 57TH STREET NEW YORK NY 10022 1 1 1 0 CEO Common Stock 2008-11-13 4 P 0 131381 1.789 A 9418974 I See footnote Common Stock 2008-11-14 4 P 0 2100 1.699 A 9421074 I See footnote This transaction was executed in multiple trades at prices ranging from $1.750 to $1.800. The reported price reflects the weighted average purchase price. The persons jointly filing this report hereby undertake to provide upon request by the Securities and Exchange Commission staff, Nautilus, Inc. or a shareholder of Nautilus, Inc. full information regarding the number of shares purchased at each separate price. See Joint Filer Information on Exhibit 99.1 for information with respect to the nature of Sherborne Investors GP, LLC's indirect ownership, details of its purchases and the persons jointly filing this report. The Reporting Person 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. This transaction was executed in multiple trades at prices ranging from $1.680 to $1.700. The reported price reflects the weighted average purchase price. The persons jointly filing this report hereby undertake to provide upon request by the Securities and Exchange Commission staff, Nautilus, Inc. or a shareholder of Nautilus, Inc. full information regarding the number of shares purchased at each separate price. /s/ Craig L. McKibben, attorney-in-fact 2008-11-14 EX-99 2 c77356_99x1.htm ADDITIONAL EXHIBITS Exhibit 99.1
Exhibit 99.1
Form 4 Joint Filer Information
         
Names of the Reporting Persons:
  •   Sherborne Investors LP, a Delaware limited partnership and managing member of each of the Funds (as defined below) (“Managing Member”);
 
        
 
  •   Sherborne Investors GP, LLC, a Delaware limited liability company and general partner of the Managing Member (“Sherborne Investors GP”);
 
        
 
  •   Sherborne Investors Management LP, a Delaware limited partnership and investment manager to the Funds (“Sherborne Management”);
 
        
 
  •   Sherborne Investors Management GP, LLC, a Delaware limited liability company and general partner of Sherborne Management (“Sherborne Management GP”);
 
        
 
  •   Sherborne Strategic Fund A, LLC, a Delaware limited liability company (“Strategic Fund A”);
 
        
 
  •   Sherborne Strategic Fund B, LLC, a Delaware limited liability company (“Strategic Fund B”);
 
        
 
  •   Nottingham Investors LLC, a Delaware limited liability company (“Nottingham” and, together with Strategic Fund A and Strategic Fund B, the “Funds”); and
 
        
 
  •   Edward J. Bramson, the managing member of Sherborne Investors GP and Sherborne Management GP and a director and Chief Executive Officer of Nautilus, Inc. (“Bramson”).
 
        
Address for each of the Reporting Persons:   135 East 57th Street, New York, NY 10022
 
        
Date of Earliest Transaction Required to be Reported:   November 13, 2008
 
        
Designated Filer for each of the Reporting Persons:   Sherborne Investors GP, LLC

 

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Issuer & Ticker Symbol for each of the Reporting Persons:   Nautilus, Inc.; NLS
 
        
Title of Security for each of the Reporting Persons:   Common Stock, no par value (the “Shares”)
 
        
Transaction Code for each of the Reporting Persons:   P
 
        
Securities Acquired(1):
  •   Strategic Fund A directly acquired Shares as follows:
             
            Amount of Securities
            Beneficially Owned
    Amount of Securities       Following Reported
Transaction Date   Acquired   Price   Transactions
             
11/13/2008   11,229.134   $1.789(2)   805,039.707
             
11/14/2008   179.487   $1.699(3)   805,219.194
  •   Strategic Fund B directly acquired Shares as follows:
             
            Amount of Securities
            Beneficially Owned
    Amount of Securities       Following Reported
Transaction Date   Acquired   Price   Transactions
             
11/13/2008   16,843.701   $1.789(2)   1,207,559.562
             
11/14/2008   269.231   $1.699(3)   1,207,828.792
  •   Nottingham directly acquired Shares as follows:

 

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            Amount of Securities
            Beneficially Owned
    Amount of Securities       Following Reported
Transaction Date   Acquired   Price   Transactions
             
11/13/2008   103,308.165   $1.789(2)   7,406,374.727
             
11/14/2008   1,651.283   $1.699(3)   7,408,026.009
  •   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
             
11/13/2008   131,381   $1.789(2)   9,418,974.000
             
11/14/2008   2,100   $1.699(3)   9,421,074.000
  •   Sherborne Management, as the investment manager to the Funds that only receives an asset-based fee, beneficially owns 0 Shares.
 
  •   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.
 
(2)   This transaction was executed in multiple trades at prices ranging from $1.750 to $1.800. The reported price reflects the weighted average purchase price. The persons jointly filing this report hereby undertake to provide upon request by the Securities and Exchange Commission staff, Nautilus, Inc. or a shareholder of Nautilus, Inc. full information regarding the number of shares purchased at each separate price.
 
(3)   This transaction was executed in multiple trades at prices ranging from $1.680 to $1.700. The reported price reflects the weighted average purchase price. The persons jointly filing this report hereby undertake to provide upon request by the Securities and Exchange Commission staff, Nautilus, Inc. or a shareholder of Nautilus, Inc. full information regarding the number of shares purchased at each separate price.

 

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Sherborne Investors LP   /s/ Craig L. McKibben, attorney-in-fact
 
**Signature of Reporting Person 		  November 14, 2008
 
Date
         
Sherborne Investors Management LP   /s/ Craig L. McKibben, attorney-in-fact
 
**Signature of Reporting Person 		  November 14, 2008
 
Date
         
Sherborne Investors Management GP, LLC   /s/ Craig L. McKibben, attorney-in-fact
 
**Signature of Reporting Person 		  November 14, 2008
 
Date
         
Sherborne Strategic Fund A, LLC   /s/ Craig L. McKibben, attorney-in-fact
 
**Signature of Reporting Person 		  November 14, 2008
 
Date
         
Sherborne Strategic Fund B, LLC   /s/ Craig L. McKibben, attorney-in-fact
 
**Signature of Reporting Person 		  November 14, 2008
 
Date
         
Nottingham Investors LLC   /s/ Craig L. McKibben, attorney-in-fact
 
**Signature of Reporting Person 		  November 14, 2008
 
Date
         
Edward J. Bramson   /s/ Craig L. McKibben, attorney-in-fact
 
**Signature of Reporting Person 		  November 14, 2008
 
Date
     
**   Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

 

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