KVH INDUSTRIES INC \DE\ — Director's Dealing 2017

Apr 3, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KVH INDUSTRIES INC \DE\ (KVHI)
CIK: 0001007587
Period of Report: 2017-03-30

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-30	Common Stock	J	37099	—	Acquired	642227	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-30	Employee Stock Options-Right to Buy	$8.05	J	117843	Acquired	2017-03-30	Common Stock (117843)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10201	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Options-Right to Buy	$		Common Stock ()	1232	Indirect

Footnotes

F1: Restricted stock grant issued pursuant to the terms & conditions of KVH Industries' 2016 Equity & Incentive Plan. Restricted stock will vest in four installments on each of 4/3/2018, 3/26/2019, 4/3/2020, and 3/26/2021, provided the executive is employed by the Company at the time of vesting.

F2: Non-qualified stock option grant issued pursuant to the terms & conditions of KVH Industries' 2016 Equity & Incentive Plan. Grant will vest in four installments on each of 4/24/2018, 3/4/2019, 4/25/2020, and 3/4/2021, provided the executive is employed by the Company at the time of vesting.

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

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

F5: Not applicable.