Robert J. Balog - 07 Mar 2023 Form 4 Insider Report for KVH INDUSTRIES INC \DE\ (KVHI)

Role
CTO
Signature
Robert Balog
Issuer symbol
KVHI
Transactions as of
07 Mar 2023
Net transactions value
+$312,370
Form type
4
Filing time
09 Mar 2023, 15:28:59 UTC
Previous filing
17 Jan 2023
Next filing
22 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KVHI Common Stock Other $0 +13,401 +16% $0.000000 99,004 07 Mar 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 $312,370 +31,842 +34% $9.81 125,613 07 Mar 2023 Common Stock 31,842 $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".