SEC Form 4 · accession 0001316415-17-000003
KVH INDUSTRIES INC \DE\ · KVHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Robert J Balog
Officer — Senior VP Engineering
Period of report
Mar 30, 2017
Accepted (ET)
Apr 3, 2017 · 5:17 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 | Mar 30, 2017 | J | 12,757 | $0.00 | A | 81,999 | D |
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 Buy | $8.05 | Mar 30, 2017 | I | 40,522 | A | Apr 15, 2018 | Mar 30, 2022 | Common Stock | 40,522 | 0 | D |
Explanation of responses
- F1Restricted stock grant issued pursuant to the terms & conditions of KVH Industries' 2016 Equity & Incentive Plan. Restricted stock will vest in four installments on each of 4/12/2018, 3/17/2019, 4/12/2020, and 3/17/2021, provided the executive is employed by the Company at the time of vesting.
- F2Non-qualified stock option grant issued pursuant to the terms & conditions of KVH Industries' 2016 Equity & Incentive Plan. Grant will vest in four installments on each of 4/15/2018, 3/13/2019, 4/16/2020, and 3/13/2021, provided the executive is employed by the Company at the time of vesting.