KVH INDUSTRIES INC \DE\ — Director's Dealing 2015

Mar 11, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KVH INDUSTRIES INC \DE\ (KVHI)
CIK: 0001007587
Period of Report: 2015-03-09

Reporting Person: KITS VAN HEYNINGEN MARTIN (Director, CEO/Chairman BOD)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-03-09	Employee Stock Options-Right to Buy	$12.79	J	90000	Acquired	2019-03-09	Common Stock (90000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	583940	Direct
Common Stock	7515	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Options-Right to Buy	$		Common Stock ()	616	Indirect

Footnotes

F1: Non-qualified stock option grant issued pursuant to the terms & conditions of KVH Industries' 2006 Stock Incentive Plan. Stock options will vest annually in four equal installments, the first of which will vest on 3/9/2016, provided the executive is employed by the Company at the time of vesting.

F2: Stock option grant vests in 4 equal installments (22500 on 3/9/2016; 22500 on 3/9/2017; 22500 on 3/9/2018; 22500 on 3/9/2019).

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

F4: Not applicable.

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