SEC Form 4 · accession 0001441377-18-000009
KVH INDUSTRIES INC \DE\ · KVHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brent C Bruun
Officer — Chief Operating Officer
Period of report
Jun 6, 2018
Accepted (ET)
Jun 8, 2018 · 4:17 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 | Jun 6, 2018 | J | 12,403 | $0.00 | A | 117,103 | 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 BuyF3 | $11.30 | Jun 6, 2018 | J | 37,014 | A | Jun 6, 2018 | Jun 6, 2023 | Common Stock | 37,014 | 12,868 | D |
Explanation of responses
- F1Restricted stock grant issued pursuant to the terms & conditions of KVH Industries' 2016 Equity & Incentive Plan. Restricted stock will vest annually in four installments, the first of which will vest on 6/6/2019, 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. Stock option will vest annually in four installments, the first of which will vest on 6/6/2019, provided the executive is employed by the Company at the time of vesting.
- F3Represents total vested/unexercised options "beneficially owned".