SEC Form 4 · accession 0001441377-17-000005

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

Officer — CEO/Chairman BOD · Director

Period of report

Mar 30, 2017

Accepted (ET)

Apr 3, 2017 · 5:28 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	37,099	$0.00	A	642,227	D
Common Stock	holding	—	—		—	10,201	I	By Spouse

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Options-Right to Buy^F3	$8.05	Mar 30, 2017	J	117,843	A	Apr 24, 2018	Mar 30, 2017	Common Stock	117,843	45,000	D
Employee Stock Options-Right to Buy^F4,F5	—	holding	—	—	—	—	—	Common Stock	—	1,232	I

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 4/3/2018, 3/26/2019, 4/3/2020, and 3/26/2021, 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 4/24/2018, 3/4/2019, 4/25/2020, and 3/4/2021, provided the executive is employed by the Company at the time of vesting.
F3Represents total vested/unexercised options "beneficially owned".
F4Represents total vested/unexercised options "beneficially owned" by spouse.
F5Not applicable.