Company: KVHI
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001104659-25-040173
Chunk: 29

Company: KVH INDUSTRIES INC \DE\
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 29
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| ​ | New Grants Unvested at Year-End                | ​ | ​ |  $233,596 | ​ | ​ |               $129,824 | ​ |
| ​ | Prior Year Awards Unvested at Year-End         | ​ | ​ |  -294,664 | ​ | ​ |               -187,549 | ​ |
| ​ | New Grants that Vested in 2023                 | ​ | ​ |         — | ​ | ​ |                      — | ​ |
| ​ | Prior Year Awards that Vested in 2023          | ​ | ​ |         — | ​ | ​ |                      — | ​ |
| ​ | Prior Year Awards that Failed to Vest in 2023  | ​ | ​ |         — | ​ | ​ |                      — | ​ |
| ​ | Dividends or Earnings on Awards Before Vesting | ​ | ​ |         — | ​ | ​ |                      — | ​ |

Assumptions used in the calculation of fair values for this table that differed from the assumptions disclosed in the calculation of fair value as of the respective grant dates are: for option valuations as of December 31, 2022, a risk-free rate of 3.02%, volatility of 43.19%, an expected total life of 4.24years (adjusted down based on time since grant), and the closing stock price on December 31, 2022; for option valuations during 2023, a risk-free rate of 4.49%, volatility of 43.93%, an expected total life of 4.3years (adjusted down based on time since grant), and the closing stock price on, or in the case of weekend valuation dates immediately prior to, the valuation date; for RSAs, the closing stock price on, or in the case of weekend valuation dates immediately prior to, the valuation date. (4) Represents compensation actually paid for 2022 to Brent C. Bruun, our current chief executive officer, and Martin Kits van Heyningen, our former chief executive officer who served during a portion of 2022, and the average compensation actually paid for 2022 to Roger A. Kuebel and Felise B. Feingold, our other named executive officers for 2022. The following table provides the adjustments to total compensation that were made in order to calculate compensation actually paid:

| ​ | Change in Fair Value                                   | ​ | ​ |  Mr. Bruun | ​ |