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

Jun 12, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KVH INDUSTRIES INC \DE\ (KVHI)
CIK: 0001007587
Period of Report: 2013-06-10

Reporting Person: RYAN BRUCE J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-06-10	Common Stock	A	5000	—	Acquired	45000	Direct
2013-06-11	Common Stock	J	10000	$8.89	Acquired	55000	Direct
2013-06-11	Common Stock	S	2600	$12.71	Disposed	52400	Direct
2013-06-11	Common Stock	S	6439	$12.76	Disposed	45961	Direct
2013-06-11	Common Stock	S	200	$12.7601	Disposed	45761	Direct
2013-06-11	Common Stock	S	700	$12.78	Disposed	45061	Direct
2013-06-11	Common Stock	S	61	$12.81	Disposed	45000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Director Stock Options-Right to Buy	$		Common Stock ()	5000	Direct

Footnotes

F1: Annual restricted stock grant (for continuing service on KVH Industries' Board of Directors). Grant issued pursuant to the terms & conditions of KVH Industries' 2006 Stock Incentive Plan. Grant vests in 4 quarterly installments (1250 on 9/10/2013; 1250 on 12/10/2013; 1250 on 3/10/2014; 1250 on 6/10/2014).

F2: Shares acquired via the exercise of stock options issued pursuant to the terms and conditions of the company's 2003 Incentive & Non-qualified Stock Option Plan.

F3: Not applicable.

F4: Represents total vested/unexercised options "beneficially owned".