SEC Form 4 · accession 0001707812-17-000003
KVH INDUSTRIES INC \DE\ · KVHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jennifer Louise Baker
Officer — Chief Accounting Officer
Period of report
Oct 25, 2017
Accepted (ET)
Oct 27, 2017 · 4:16 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 | holding | — | — | — | 9,641 | 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 | $11.45 | Oct 25, 2017 | J | 7,468 | A | Oct 25, 2021 | Oct 25, 2022 | Common Stock | 7,468 | 2,500 | 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 10/25/2018, 10/25/2019, 10/25/2020, and 10/25/2021, provided the officer is employed by the Company at the time of vesting.