KVH Industries (KVHI) GC awarded 80,000 stock options at $6.00
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KVH Industries senior vice president and general counsel Felise Feingold reported an award of 80,000 non-qualified employee stock options with a right to buy shares at $6.00 each under the company’s Amended & Restated 2016 Equity & Incentive Plan.
The options vest in four equal annual installments starting on March 5, 2027, contingent on continued employment at each vesting date. After these transactions, Feingold directly held 110,169 stock options and 71,248 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
FEINGOLD FELISE
Role
SVP General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Employee stock options - right to buy | 80,000 | $6.00 | $480K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee stock options - right to buy — 110,169 shares (Direct);
Common Stock — 71,248 shares (Direct)
Footnotes (1)
- 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 3/5/2027, provided the executive is employed by the Company at the time of vesting. Vested stock options beneficially owned.
FAQ
What did KVHI executive Felise Feingold report on this Form 4?
Felise Feingold reported an award of 80,000 non-qualified employee stock options with a $6.00 exercise price. The grant was made under KVH Industries’ Amended & Restated 2016 Equity & Incentive Plan and is structured to vest over several years.
How do Felise Feingold’s new KVHI stock options vest over time?
The 80,000 KVH Industries stock options vest in four equal annual installments beginning March 5, 2027. Each 25% tranche vests only if Feingold remains employed by the company at the applicable vesting date, aligning the award with long-term service.
What is the exercise price of Felise Feingold’s KVHI stock option grant?
The non-qualified stock option grant to Felise Feingold carries a $6.00 per share exercise price. This means she can purchase KVH Industries common shares at $6.00 once the options vest and become exercisable, subject to the plan’s terms and conditions.
How many KVHI stock options does Felise Feingold hold after this filing?
Following the reported grant, Felise Feingold directly holds 110,169 stock options in KVH Industries. This total includes both the newly granted non-qualified options and any previously vested options beneficially owned, as reflected in the Form 4 summary.
Under which plan were Felise Feingold’s KVHI stock options granted?
The 80,000 non-qualified stock options were granted under KVH Industries’ Amended & Restated 2016 Equity & Incentive Plan. This plan governs equity incentives for eligible participants, including vesting schedules, employment conditions, and other key award terms.