Brent Bruun - Mar 7, 2023 Form 4 Insider Report for KVH INDUSTRIES INC \DE\ (KVHI)

Role
President & CEO, Director
Signature
Brent C. Bruun
Stock symbol
KVHI
Transactions as of
Mar 7, 2023
Transactions value $
$550,066
Form type
4
Date filed
3/9/2023, 03:28 PM
Previous filing
Jan 17, 2023
Next filing
Jan 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KVHI Common Stock Other $0 +23.6K +15.81% $0.00 173K Mar 7, 2023 Direct F1

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 $550K +56.1K +53.49% $9.81 161K Mar 7, 2023 Common Stock 56.1K $9.81 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 installments, the first of which will vest on 3/7/2024, 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 the KVH Industries' Amended & Restated 2016 Equity & Incentive Plan. Options vests in four equal installments, the first of which will vest on 3/7/2024, provided the executive is employed by the Company at the time of vesting.
F3 Vested stock options "beneficially owned".