KVH INDUSTRIES INC \DE\ — Director's Dealing 2012

Oct 16, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KVH INDUSTRIES INC \DE\ (KVHI)
CIK: 0001007587
Period of Report: 2012-10-01

Reporting Person: RENDALL PETER (Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-10-01	Employee Stock Options-Right to Buy	$13.78	J	50000	Acquired	2017-10-01	Common Stock (50000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	0	Direct

Footnotes

F1: Non-qualified stock option grant issued pursuant to the terms & conditions of KVH Industries' 2006 Stock Incentive Plan. Grant vests annually in four equal installments, the first of which will vest on 9/26/13, provided the executive is employed by the Company at the time of vesting.

F2: Stock option grant vests in 4 equal installments (12,500 on 9/26/2013; 12,500 on 9/26/2014; 12,500 on 9/26/2015; 12,500 on 9/26/2016).