EX-99 2 c77727_99x1.htm ADDITIONAL EXHIBITS
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   135 East 57th Street, New York, NY 10022
Reporting Persons:
        
 
        
Date of Earliest Transaction   November 20, 2008
Required to be Reported:
        
 
        
Designated Filer for each of   Sherborne Investors GP, LLC
the Reporting Persons:
        

 

 

         
Issuer & Ticker Symbol for   Nautilus, Inc.; NLS
each 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):
  •   Strategic Fund A directly acquired Shares as follows:
             
            Amount of Securities
            Beneficially Owned
    Amount of Securities       Following Reported
Transaction Date   Acquired   Price   Transactions
11/20/2008
   1,404.443   $1.929(2)   824,872.849
11/21/2008
   7,162.386   $2.008(3)   832,035.235
11/24/2008
   8,210.676   $2.559(4)   840,245.911
         
 
  •   Strategic Fund B directly acquired Shares as follows:
             
            Amount of Securities
            Beneficially Owned
    Amount of Securities       Following Reported
Transaction Date   Acquired   Price   Transactions
11/20/2008
   2,106.665   $1.929(2)   1,237,309.276
11/21/2008
   10,743.579   $2.008(3)   1,248,052.855
11/24/2008
   12,316.013   $2.559(4)   1,260,368.868

 

 

         
 
  •   Nottingham directly acquired Shares as follows:
             
            Amount of Securities
            Beneficially Owned
    Amount of Securities       Following Reported
Transaction Date   Acquired   Price   Transactions
11/20/2008
   12,920.892   $1.929(2)   7,588,839.870
11/21/2008
   65,894.035   $2.008(3)   7,654,733.905
11/24/2008
   75,538.311   $2.559(4)   7,730,272.216
         
 
  •   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
11/20/2008
   16,432   $1.929(2)   9,651,022.000
11/21/2008
   83,800   $2.008(3)   9,734,822.000
11/24/2008
   96,065   $2.559(4)   9,830,887.000

 

 

         
 
  •   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 $1.820 to $2.000. 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 (“SEC”) 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 $1.910 to $2.050. The reported price reflects the weighted average purchase price. The persons jointly filing this report hereby undertake to provide upon request by the SEC staff, Nautilus, Inc. or a shareholder of Nautilus, Inc. full information regarding the number of shares purchased at each separate price.
 
(4)   This transaction was executed in multiple trades at prices ranging from $2.270 to $2.620. The reported price reflects the weighted average purchase price. The persons jointly filing this report hereby undertake to provide upon request by the SEC staff, Nautilus, Inc. or a shareholder of Nautilus, Inc. full information regarding the number of shares purchased at each separate price.

 

 

         
Sherborne Investors LP
  /s/ Craig L. McKibben, attorney-in-fact   November 24, 2008
 
       
 
  **Signature of Reporting Person   Date
 
        
Sherborne Investors Management LP
  /s/ Craig L. McKibben, attorney-in-fact   November 24, 2008
 
       
 
  **Signature of Reporting Person   Date
 
        
Sherborne Investors Management GP, LLC
  /s/ Craig L. McKibben, attorney-in-fact   November 24, 2008
 
       
 
  **Signature of Reporting Person   Date
 
        
Sherborne Strategic Fund A, LLC
  /s/ Craig L. McKibben, attorney-in-fact   November 24, 2008
 
       
 
  **Signature of Reporting Person   Date
 
        
Sherborne Strategic Fund B, LLC
  /s/ Craig L. McKibben, attorney-in-fact   November 24, 2008
 
       
 
  **Signature of Reporting Person   Date
 
        
Nottingham Investors LLC
  /s/ Craig L. McKibben, attorney-in-fact   November 24, 2008
 
       
 
  **Signature of Reporting Person   Date
 
        
Edward J. Bramson
  /s/ Craig L. McKibben, attorney-in-fact   November 24, 2008
 
       
 
  **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).