SPRATT PATRICK 4
4 · KVH INDUSTRIES INC \DE\ · Filed Feb 24, 2011
Insider Transaction Report
Form 4
SPRATT PATRICK
Chief Financial Officer
Transactions
- Award
Common Stock
2011-02-22+12,500→ 135,739 total - Other
Employee Stock Options-Right to Buy
2011-02-22$14.40/sh+25,000$360,000→ 18,750 totalExercise: $14.40From: 2012-02-22Exp: 2016-02-22→ Common Stock (25,000 underlying)
Footnotes (4)
- [F1]Restricted stock grant issued pursuant to the terms & conditions of KVH Industries' 2006 Stock Incentive Plan. Grant vests annually in four equal installments, the first of which will vest on 2/22/12, 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 KVH Industries' 2006 Stock Incentive Plan. Grant vests annually in four equal installments, the first of which will vest on 2/22/12, provided the executive is employed by the Company at the time of vesting.
- [F3]Stock option grant vests in 4 equal installments (6250 on 2/22/2012; 6250 on 2/22/2013; 6250 on 2/22/2014; 6250 on 2/22/2015).
- [F4]Represents total vested/unexercised options "beneficially owned".