KVH INDUSTRIES INC \DE\ — Director's Dealing 2014

Jul 1, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KVH INDUSTRIES INC \DE\ (KVHI)
CIK: 0001007587
Period of Report: 2014-06-27

Reporting Person: DODEZ JAMES S (SVP Mktg & Strategic Planning)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-27	Common Stock	J	679	$11.127	Acquired	78255	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-06-27	Employee Stock Purchase Plan Option	$11.127	J	679	Disposed	2014-06-27	Common Stock (679)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2529	Indirect

Footnotes

F1: Shares acquired via the exercise of an option pursuant to the terms & conditions of the company's 1996 Employee Stock Purchase Plan.

F2: Exercise of an option pursuant to the terms & conditions of the company's 1996 Employee Stock Purchase Plan.

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