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KVH INDUSTRIES INC \DE\ Director's Dealing 2021

Apr 5, 2021

34132_dirs_2021-04-05_f15313dc-25fe-413e-aa7e-6b7f1544b96f.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KVH INDUSTRIES INC \DE\ (KVHI)
CIK: 0001007587
Period of Report: 2021-03-31

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-03-31 Common Stock J 27097 Acquired 911207 Direct
2021-03-31 Common Stock J 694 Acquired 12572 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-03-31 Employee Stock Options-Right to Buy $12.68 J 73363 Acquired 2026-03-31 Common Stock (73363) Direct
2021-03-31 Employee Stock Options-Right to Buy $12.68 J 1879 Acquired 2026-03-31 Common Stock (1879) Indirect

Footnotes

F1: Restricted stock grant issued pursuant to the terms & conditions of the KVH Industries' Amended & Restated 2016 Equity & Incentive Plan. Restricted stock vests in four equal annual installments, the first of which will vest on 3/31/2022, provided the executive is employed by the Company at the time of vesting.

F2: Restricted stock grant issued pursuant to the terms & conditions of the KVH Industries' Amended & Restated 2016 Equity & Incentive Plan. Restricted stock vests in four equal annual installments, the first of which will vest on 3/31/2022, provided the employee is employed by the Company at the time of vesting.

F3: Non-qualified stock option grant issued pursuant to the terms & conditions of the KVH Industries' Amended & Restated 2016 Equity & Incentive Plan. Options vests in four equal annual installments, the first of which will vest on 3/31/2022, provided the executive is employed by the Company at the time of vesting.

F4: Non-qualified stock option grant issued pursuant to the terms & conditions of the KVH Industries' Amended & Restated 2016 Equity & Incentive Plan. Options vests in four equal annual installments, the first of which will vest on 3/31/2022, provided the employee is employed by the Company at the time of vesting.