KVH INDUSTRIES INC \DE\ — Director's Dealing 2013

Dec 6, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KVH INDUSTRIES INC \DE\ (KVHI)
CIK: 0001007587
Period of Report: 2013-12-04

Reporting Person: RYAN BRUCE J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-12-04	Common Stock	J	2000	$4.25	Acquired	52000	Direct
2013-12-04	Common Stock	S	2000	$13.431	Disposed	50000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-12-04	Director Stock Option-Right to Buy	$4.25	J	2000	Disposed	2013-12-12	Common Stock (2000)	Direct

Footnotes

F1: Shares acquired via the exercise of an expiring non-qualified stock option pursuant to the terms & conditions of the company's 2006 Stock Incentive Plan.

F2: Exercise of an expiring stock option pursuant to the terms & conditions of the company's 2006 Stock Incentive Plan.

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