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

Feb 6, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KVH INDUSTRIES INC \DE\ (KVHI)
CIK: 0001007587
Period of Report: 2017-02-02

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-02	Common Stock	J	18867	$9.32	Acquired	636386	Direct
2017-02-02	Common Stock	S	5836	$10.00	Disposed	630550	Direct
2017-02-02	Common Stock	S	2800	$10.05	Disposed	627750	Direct
2017-02-02	Common Stock	S	2800	$10.10	Disposed	624950	Direct
2017-02-02	Common Stock	S	400	$10.125	Disposed	624550	Direct
2017-02-02	Common Stock	S	3204	$10.15	Disposed	621346	Direct
2017-02-02	Common Stock	S	2024	$10.20	Disposed	619322	Direct
2017-02-02	Common Stock	S	200	$10.25	Disposed	619122	Direct
2017-02-02	Common Stock	S	1603	$10.40	Disposed	617519	Direct
2017-02-03	Common Stock	J	33949	$9.32	Acquired	651468	Direct
2017-02-03	Common Stock	S	33749	$10.00	Disposed	617719	Direct
2017-02-03	Common Stock	S	200	$10.05	Disposed	617519	Direct
2017-02-06	Common Stock	J	4646	$9.32	Acquired	622165	Direct
2017-02-06	Common Stock	S	4646	$10.00	Disposed	617519	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-02	Employee Stock Options-Right to Buy	$9.32	J	18867	Disposed	2017-02-28	Common Stock (18867)	Direct
2017-02-03	Employee Stock Options-Right to Buy	$9.32	J	33949	Disposed	2017-02-28	Common Stock (33949)	Direct
2017-02-06	Employee Stock Options-Right to Buy	$9.32	J	4646	Disposed	2017-02-28	Common Stock (4646)	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: 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.

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

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

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

F5: Not applicable