SEC Form 4 · accession 0001184876-17-000011
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 of the Board · Director
Period of report
Oct 25, 2017
Accepted (ET)
Oct 27, 2017 · 4:18 pm EDT
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 | holding | — | — | — | 642,227 | 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 Option-Right to BuyF5,F4 | $11.45 | Oct 25, 2017 | J | 4,464 | A | Oct 25, 2021 | Oct 25, 2022 | Common Stock | 4,464 | 1,232 | I |
| Employee Stock Option-Right to BuyF2,F1 | — | holding | — | — | — | — | — | Common Stock | — | 45,000 | D |
Explanation of responses
- F1Not applicable.
- F2Represents total vested/unexercised options "beneficially owned".
- F3Non-qualified stock option grant issued (to spouse) pursuant to the terms & conditions of KVH Industries' 2016 Equity & Incentive Plan. Grant vests annually in four installments, the first of which will vest on 10/25/2018, provided the employee is employed by the Company at the time of vesting.
- F4Date option is full vested.
- F5Represents total vested/unexercised options "beneficially owned" by spouse.