SEC Form 4 · accession 0001441377-16-000008
KVH INDUSTRIES INC \DE\ · KVHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brent C Bruun
Officer — COO
Period of report
Dec 13, 2016
Accepted (ET)
Dec 15, 2016 · 5:09 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 | Dec 13, 2016 | J | 25,650 | $9.32 | A | 125,482 | D | |
| Common Stock | Dec 13, 2016 | S | 24,052 | $11.90 | D | 101,430 | D | |
| Common Stock | Dec 13, 2016 | S | 300 | $11.925 | D | 101,130 | D | |
| Common Stock | Dec 13, 2016 | S | 1,298 | $11.95 | D | 99,832 | D | |
| Common Stock | Dec 14, 2016 | J | 600 | $9.32 | A | 100,432 | D | |
| Common Stock | Dec 14, 2016 | S | 600 | $11.719 | D | 99,832 | 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 Options-Right to BuyF4,F3 | $9.32 | Dec 13, 2016 | J | 25,650 | D | Feb 28, 2016 | Feb 28, 2017 | Common Stock | 25,650 | 600 | D |
| Employee Stock Options-Right to BuyF4,F3 | $9.32 | Dec 14, 2016 | J | 600 | D | Feb 28, 2016 | Feb 28, 2017 | Common Stock | 600 | 0 | D |
Explanation of responses
- F1Shares acquired via the exercise of stock options issued pursuant to the terms and conditions of the company's 2006 Stock Incentive Plan.
- F2Exercise of expiring stock options issued pursuant to the terms and conditions of the company's 2006 Stock Incentive Plan.
- F3Date option became fully vested.
- F4Represents total vested/unexercised options "beneficially owned".