KVH INDUSTRIES INC \DE\ — Director's Dealing 2010

Jan 19, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KVH INDUSTRIES INC \DE\ (KVHI)
CIK: 0001007587
Period of Report: 2010-01-19

Reporting Person: KITS VAN HEYNINGEN MARTIN (Director, CEO/Chairman BOD)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-01-19	Common Stock	J	10000	$10.11	Acquired	367937	Direct
2010-01-19	Common Stock	S	30	$14.31	Disposed	367907	Direct
2010-01-19	Common Stock	S	20	$14.32	Disposed	367887	Direct
2010-01-19	Common Stock	S	100	$14.33	Disposed	367787	Direct
2010-01-19	Common Stock	S	300	$14.34	Disposed	367487	Direct
2010-01-19	Common Stock	S	2050	$14.35	Disposed	365437	Direct
2010-01-19	Common Stock	S	200	$14.38	Disposed	365237	Direct
2010-01-19	Common Stock	S	2200	$14.40	Disposed	363037	Direct
2010-01-19	Common Stock	S	100	$14.41	Disposed	362937	Direct
2010-01-19	Common Stock	S	500	$14.42	Disposed	362437	Direct
2010-01-19	Common Stock	S	40	$14.44	Disposed	362397	Direct
2010-01-19	Common Stock	S	460	$14.45	Disposed	361937	Direct
2010-01-19	Common Stock	S	1000	$14.48	Disposed	360937	Direct
2010-01-19	Common Stock	S	1300	$14.50	Disposed	359637	Direct
2010-01-19	Common Stock	S	300	$14.54	Disposed	359337	Direct
2010-01-19	Common Stock	S	599	$14.56	Disposed	358738	Direct
2010-01-19	Common Stock	S	33	$14.57	Disposed	358705	Direct
2010-01-19	Common Stock	S	600	$14.58	Disposed	358105	Direct
2010-01-19	Common Stock	S	68	$14.60	Disposed	358037	Direct
2010-01-19	Common Stock	S	100	$14.61	Disposed	357937	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-01-19	Employee Stock Options-Right to Buy	$10.11	J	10000	Disposed	2010-03-03	Common Stock (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8958	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Options-Right to Buy	$		Common Stock ()	2975	Indirect

Footnotes

F1: Shares acquired via the exercise of an expiring stock option pursuant to the terms & conditions of the company's 2003 Incentive & Non-qualified Stock Option Plan.

F2: Shares sold according to the terms of a Rule 10b5-1 trading plan established with ETRADE Securities LLC.

F3: Exercise of an expiring stock option pursuant to the terms & conditions of the company's 2003 Incentive & Non-qualified Stock Option Plan.

F4: Date option became fully vested.

F5: Represents total vested/unexercised options "beneficially owned".

F6: Not applicable.

F7: Represents total vested/unexercised options "beneficially owned" by spouse.