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

Jun 18, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KVH INDUSTRIES INC \DE\ (KVHI)
CIK: 0001007587
Period of Report: 2012-06-14

Reporting Person: CONWAY DANIEL R (VP, Business Development)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-06-14	Employee Stock Options-Right to Buy	$10.365	J	288	Acquired	2017-06-14	Common Stock (288)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	46310	Direct
Common Stock	3097	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock	$		Common Stock ()	3750	Direct

Footnotes

F1: Non-qualified stock option grant issued (to spouse) pursuant to the terms & conditions of KVH Industries' 2003 Incentive & Non-qualified Stock Option Plan. Grant vests annually in four equal installments, the first of which will vest on 6/14/13, provided the employee is still working for the Company at the time of vesting.

F2: Stock option grant vests in 4 equal annual installments (72 on 6/14/2013; 72 on 6/14/2014; 72 on 6/14/2015; 72 on 6/14/2016).

F3: Represents total vested/unexercised options "beneficially owned" by spouse.

F4: Not applicable.

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