Robert J. Balog - 02 May 2022 Form 4 Insider Report for KVH INDUSTRIES INC \DE\ (KVHI)

Role: Chief Technology Officer
Signature: Robert Balog
Issuer symbol: KVHI
Transactions as of: 02 May 2022
Net transactions value: +$330,954
Form type: 4
Filing time: 03 May 2022, 16:49:39 UTC
Previous filing: 06 Apr 2022
Next filing: 17 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	KVHI	Common Stock						81,403	02 May 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	$330,954	+40,909	+217%	$8.09	59,726	02 May 2022	Common Stock	40,909	$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.