KVH Industries (KVHI) CFO awarded 50,000 stock options at $6 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KVH Industries CFO Anthony Pike reported a new stock option grant. He received non-qualified employee stock options for 50,000 shares of KVH Industries common stock at an exercise price of $6.00 per share under the company’s Amended & Restated 2016 Equity & Incentive Plan.
The options vest in four equal annual installments, with the first tranche scheduled to vest on March 5, 2027, if he remains employed by the company at each vesting date. After this filing, he directly holds 33,719 stock options and 18,200 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Pike Anthony
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Employee stock options - right to buy | 50,000 | $6.00 | $300K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee stock options - right to buy — 33,719 shares (Direct);
Common Stock — 18,200 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 CFO Anthony Pike report in this Form 4 filing?
KVH Industries CFO Anthony Pike reported receiving a grant of 50,000 non-qualified employee stock options at an exercise price of $6.00 per share. The options were issued under KVH Industries’ Amended & Restated 2016 Equity & Incentive Plan and are subject to time-based vesting.
How do Anthony Pike’s new KVHI stock options vest?
The 50,000 KVH Industries stock options granted to CFO Anthony Pike vest in four equal annual installments. The first installment is scheduled to vest on March 5, 2027, and each installment requires that he remain employed by the company at the applicable vesting date.
What KVHI equity holdings does Anthony Pike report after this transaction?
After the reported transactions, Anthony Pike directly holds 33,719 stock options and 18,200 shares of KVH Industries common stock. The filing notes these as beneficially owned positions, reflecting his current direct equity and option stake in the company following the option grant.
At what price were Anthony Pike’s new KVHI stock options granted?
Anthony Pike’s new non-qualified KVH Industries stock options were granted with an exercise price of $6.00 per share. This exercise price is the amount he would pay per share to convert these options into KVH Industries common stock once the options are vested and exercisable.
Under which plan were Anthony Pike’s KVHI stock options granted?
The 50,000 KVH Industries stock options granted to CFO Anthony Pike were issued under the company’s Amended & Restated 2016 Equity & Incentive Plan. This plan governs the terms and conditions of equity awards, including vesting schedules and employment-based requirements for executives.