SEC Form 4/A · accession 0001441377-17-000009
KVH INDUSTRIES INC \DE\ · KVHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Van Heyningen Martin Kits
Officer — CEO/Chairman BOD · Director
Period of report
Mar 30, 2017
Accepted (ET)
Apr 4, 2017 · 4:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001007587
Table I — non-derivative securities
No Table I lines on this filing.
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 Buy | $7.85 | Mar 30, 2017 | J | 117,843 | A | Apr 24, 2018 | Mar 30, 2022 | Common Stock | 117,843 | 45,000 | D |
Explanation of responses
- F1Non-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. Grant price was mistakenly reported as $8.05; correct price is $7.85.