Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Murdock Robert O.
   2. Issuer Name and Ticker or Trading Symbol
NAUTILUS, INC. [NLS] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP, GM Direct
(Last)
(First)
(Middle)
NAUTILUS, INC., 17750 SE 6TH WAY		 3. Date of Earliest Transaction (Month/Day/Year)
05/07/2015
(Street)

VANCOUVER, WA 98683		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
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 05/07/2015   M   4,540 A $ 8.22 12,105 D  
Common Stock 05/07/2015   M   2,001 A $ 6.62 14,106 D  
Common Stock 05/07/2015   S   7,565 D $ 20.68 (1) 6,541 D  
Common Stock 05/07/2015   S   6,541 D $ 20.65 (2) 0 D  

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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 Underlying Securities
(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 of Derivative Security: 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
Stock Option (right-to-buy) $ 8.22 05/07/2015   M     4,540 02/13/2015(3) 02/13/2021 Common Stock 13,620 $ 0 9,080 D  
Stock Option (right-to-buy) $ 6.62 05/07/2015   M     2,001 05/02/2014(4) 05/02/2020 Common Stock 3,000 $ 0 999 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Murdock Robert O.
NAUTILUS, INC.
17750 SE 6TH WAY
VANCOUVER, WA 98683		       VP, GM Direct  

Signatures

 /s Peter Cancelmo, Attorney-in-fact for Robert O. Murdock   05/11/2015
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The price reported in Column 4 is a weighted average prices. These shares were sold in multiple transactions at prices ranging from $20.60 to $20.90, inclusive. The reporting person undertakes to provide to Nautilus, Inc., any security holder of Nautilus, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.
(2) The price reported in Column 4 is a weighted average prices. These shares were sold in multiple transactions at prices ranging from $20.56 to $20.88, inclusive.
(3) Option becomes exercisable as to one-third of the total shares on February 13, 2015, and as to an additional one-third of the total shares on February 13, 2016 and 2017, respectively.
(4) Option becomes exercisable as to one-third of shares on May 2, 2014, and as to and additional one-third on May 2, 2015 and 2016, respectively.

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