SEC Form 4 · accession 0001184876-17-000002
KVH INDUSTRIES INC \DE\ · KVHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Van Heyningen Martin Kits
Officer — CEO/Chairman BOD · Director
Period of report
Jan 19, 2017
Accepted (ET)
Jan 23, 2017 · 4:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001007587
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 19, 2017 | J | 100 | $9.32 | A | 617,619 | D | |
| Common Stock | Jan 19, 2017 | S | 100 | $11.00 | D | 617,519 | D | |
| Common Stock | holding | — | — | — | 10,201 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options-Right to BuyF3 | $9.32 | Jan 19, 2017 | J | 100 | D | Feb 28, 2016 | Feb 28, 2017 | Common Stock | 100 | 109,900 | D |
| Employee Stock Options-Right to BuyF4,F5 | — | holding | — | — | — | — | — | Common Stock | — | 1,232 | I |
Explanation of responses
- F1Shares acquired via the exercise of stock options issued pursuant to the terms and conditions of the company's 2003 Incentive & Non-qualified Stock Option Plan.
- F2Exercise of expiring stock options issued pursuant to the terms and conditions of the company's 2003 Incentive & Non-qualified Stock Option Plan.
- F3Represents total vested/unexercised options "beneficially owned".
- F4Represents total vested/unexercised options "beneficially owned" by spouse.
- F5Not applicable