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

Dec 8, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KVH INDUSTRIES INC \DE\ (KVHI)
CIK: 0001007587
Period of Report: 2010-12-08

Reporting Person: SPRATT PATRICK (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-08	Common Stock	J	5813	$10.54	Acquired	128395	Direct
2010-12-08	Common Stock	S	106	$13.57	Disposed	128289	Direct
2010-12-08	Common Stock	S	109	$13.58	Disposed	128180	Direct
2010-12-08	Common Stock	S	12	$13.49	Disposed	128168	Direct
2010-12-08	Common Stock	S	100	$13.55	Disposed	128068	Direct
2010-12-08	Common Stock	S	1400	$13.60	Disposed	126668	Direct
2010-12-08	Common Stock	S	200	$13.59	Disposed	126468	Direct
2010-12-08	Common Stock	S	3229	$13.62	Disposed	123239	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-08	Employee Stock Options-Right to Buy	$10.54	J	5813	Disposed	2011-02-22	Common Stock (5813)	Direct

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 to pay the taxes owed on the exercise of 5,813 non-qualified stock options.

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 fully vested.

F5: Shares sold to pay the taxes owed on the exercise of 18,841 non-qualified stock options.