Form 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant To Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report: August 13, 2007

(Date of earliest event reported)

 

NAUTILUS, INC.

(Exact name of registrant as specified in its charter)

 

 

Washington   001-31321   94-3002667
(State or other jurisdiction   (Commission File Number)   (I.R.S. Employer
of incorporation)     Identification No.)

16400 SE Nautilus Drive

Vancouver, Washington 98683

(Address of principal executive offices and zip code)

(360) 859-2900

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

NAUTILUS, INC.

FORM 8-K

 

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers.

(e) On August 13, 2007 the Compensation Committee of the Board of Directors of Nautilus, Inc. (the “Company”) made awards of restricted stock to certain of its employees and executive officers pursuant to the Company’s 2005 Long-Term Incentive Plan. These awards included the following awards to its named executive officers:

 

Name

  

Title

   

Number of Shares

William D. Meadowcroft

   Chief Financial Officer, Secretary and Treasurer    14,300

Juergen Eckmann

   President, Fitness Apparel Business    9,600

Darryl K. Thomas

   President, International Equipment Business    9,400

The restricted stock awards vest as to 100% of the award on August 13, 2009.

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    NAUTILUS, INC.
  (Registrant)
August 15, 2007   By:  

/s/ William D. Meadowcroft

        (Date)     William D. Meadowcroft,
    Chief Financial Officer, Secretary and Treasurer