Brent Bruun - Mar 11, 2022 Form 4 Insider Report for KVH INDUSTRIES INC \DE\ (KVHI)

Role
Interim CEO
Signature
Brent Bruun
Stock symbol
KVHI
Transactions as of
Mar 11, 2022
Transactions value $
-$323,080
Form type
4
Date filed
3/15/2022, 04:38 PM
Previous filing
Feb 11, 2022
Next filing
Apr 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KVHI Common Stock Options Exercise $303K +38.6K +28.39% $7.85 175K Mar 11, 2022 Direct F1
transaction KVHI Common Stock Tax liability -$323K -34.6K -19.79% $9.35 140K Mar 11, 2022 Direct F2

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 Options Exercise -$303K -38.6K -36.9% $7.85 66K Mar 11, 2022 Common Stock 38.6K $7.85 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired via an exercise of an expiring stock option issued pursuant to the terms and conditions of the company's 2016 Equity Incentive Plan.
F2 Shares surrendered to the issuer in payment of the exercise price and tax withholding obligations of the reporting person for the exercise of a stock option.
F3 Exercise of an expiring stock option issued pursuant to the terms and conditions of the company's 2016 Equity Incentive Plan.
F4 Vested options "beneficially owned".