Robert Balog - May 2, 2022 Form 4 Insider Report for KVH INDUSTRIES INC \DE\ (KVHI)

Role
Chief Technology Officer
Signature
Robert Balog
Stock symbol
KVHI
Transactions as of
May 2, 2022
Transactions value $
$330,954
Form type
4
Date filed
5/3/2022, 04:49 PM
Previous filing
Apr 6, 2022
Next filing
Jun 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KVHI Common Stock 81.4K May 2, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KVHI Employee Stock Options-Right to Buy Other $331K +40.9K +217.4% $8.09 59.7K May 2, 2022 Common Stock 40.9K $8.09 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 5/2/2023, provided the executive is employed by the Company at the time of vesting.