Page 1 of 4 pages Information to be Included in Statements Filed Pursuant to Rule 13(d), (b), (c) and (d) and Amendments Thereto Filed Pursuant to Rule 13d-2 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 7) THE NAUTILUS GROUP, INC. ================================================================================ (Name of Issuer) Common Stock, No Par Value ================================================================================ (Title of Class of Securities) 254931108 ================================================================================ (CUSIP Number) December 31, 2003 ================================================================================ (Date of Event Which Requires Filing of this Statement) Check appropriate box to designate the rule pursuant to which this Schedule is filed: [_] Rule 13d-1(b) [_] Rule 13d-1(c) [X] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). ================================================================================ =================== ================= CUSIP NO. 254931108 13G PAGE 2 OF 4 PAGES =================== ================= ================================================================================ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON BRIAN R. COOK ------- ------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Not Applicable (a) [_] (b) [_] ------- ------------------------------------------------------------------------ 3 SEC USE ONLY ------- ------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES OF AMERICA ------- ------------------------------------------------------------------------ 5 SOLE VOTING POWER 1,558,887 SHARES NUMBER OF ------- ----------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 200,000 SHARES EACH ------- ----------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 1,558,887 SHARES ------- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 200,000 SHARES ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,758,887 SHARES ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] Not applicable ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.4% ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 2 of 4 pages =================== ================= CUSIP NO. 639108102 SCHEDULE 13G PAGE 3 OF 4 PAGES =================== ================= ITEM 1. (a) The Nautilus Group, Inc. (b) 1400 NE 136th Avenue Vancouver, WA 98684 ITEM 2. (a) Brian R. Cook (b) 1400 NE 136th Avenue Vancouver, WA 98684 (c) U.S.A. (d) Common Stock, No Par Value (e) CUSIP # 254931108 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b) OR 13d-2(b), CHECK WHETHER THE PERSON FILING IS A: Not Applicable ITEM 4. OWNERSHIP: (a) 1,758,887 shares (b) 5.4 % (c) (i) 1,558,887 shares (ii) 200,000 shares (iii) 1,558,887 shares (iv) 200,000 shares =================== ================= CUSIP NO. 254931108 SCHEDULE 13G PAGE 4 OF 4 PAGES =================== ================= ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS: Not Applicable ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON: Not Applicable ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON: Not Applicable ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: Not Applicable ITEM 9. NOTICE OF DISSOLUTION OF GROUP: Not Applicable ITEM 10. CERTIFICATION: Not applicable. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. January 29, 2004 ---------------------- Date /s/ Brian R. Cook ---------------------- Brian R. Cook