-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JgZ0aOnbmWj5Iu3EhGNwwhn/vRxqMld2rCtdSMOXV1J/QOeR6LW6aB+QpUOBb/vj 7t+HejV5jGNY00eDxOi+rg== 0001010192-09-000037.txt : 20090403 0001010192-09-000037.hdr.sgml : 20090403 20090402173209 ACCESSION NUMBER: 0001010192-09-000037 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090403 DATE AS OF CHANGE: 20090402 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KVH INDUSTRIES INC \DE\ CENTRAL INDEX KEY: 0001007587 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] IRS NUMBER: 050420589 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-48005 FILM NUMBER: 09728959 BUSINESS ADDRESS: STREET 1: 50 ENTERPRISE CENTER CITY: MIDDLETOWN STATE: RI ZIP: 02842 BUSINESS PHONE: 4018473327 MAIL ADDRESS: STREET 1: 50 ENTERPRISE CENTER CITY: MIDDLETOWN STATE: RI ZIP: 02842 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Roumell Asset Management, LLC CENTRAL INDEX KEY: 0001331693 IRS NUMBER: 522145132 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 2 WISCONSIN CIR STREET 2: SUITE 660 CITY: CHEVY CHASE STATE: MD ZIP: 20815 BUSINESS PHONE: 301-656-8500 MAIL ADDRESS: STREET 1: 2 WISCONSIN CIR STREET 2: SUITE 660 CITY: CHEVY CHASE STATE: MD ZIP: 20815 SC 13G/A 1 kvhi-roumell13ga2.txt SCHEDULE 13G/A (AMENDMENT NO. 2) UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G/A (Rule 13d-102) Under the Securities Exchange Act of 1934 (Amendment No. 2) KVH Industries, Inc. - ------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $0.01 per share - ------------------------------------------------------------------------------- (Title of Class of Securities) 482738101 - ------------------------------------------------------------------------------- (CUSIP Number) March 31, 2009 - ------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |X| Rule 13d-1(b) |_| Rule 13d-1(c) |_| Rule 13d-1(d) The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes). - ------------------------------------------------------------------------------- Name of Reporting Person. 1. I.R.S. Identification Nos. of above persons (entities only). Roumell Asset Management, LLC ("RAM") 52-2145132 - ------------------------------------------------------------------------------- Check the Appropriate Box if a Member of a Group (a) |_| 2. (b) |_| - ------------------------------------------------------------------------------- SEC Use Only 3. - ------------------------------------------------------------------------------- Citizenship or Place of Organization 4. Maryland - ------------------------------------------------------------------------------- Sole Voting Power Number of 5. 0 Shares ------------------------------------------ Beneficially Shared Voting Power Owned by 6. 1,437,128 Each ------------------------------------------ Sole Dispositive Power Reporting 7. Person 1,437,128 ------------------------------------------ With: Shared Dispositive Power 8. 0 - ------------------------------------------------------------------------------- Aggregate Amount Beneficially Owned by Each Reporting Person 9. 1,437,128 - ------------------------------------------------------------------------------- Check if the Aggregate Amount in Row (9) Excludes Certain Shares 10. |_| Not Applicable - ------------------------------------------------------------------------------- Percent of Class Represented by Amount in Row (9) 11. Approximately 10.28% (based on the 13,981,363 shares of common stock outstanding as of March 11, 2009, as reported on the Issuer's Form 10-K for the year ended December 31, 2008). - ------------------------------------------------------------------------------- Type of Reporting Person 12. IA - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- Name of Reporting Person. 1. I.R.S. Identification Nos. of above persons (entities only). James C. Roumell ("Roumell") - ------------------------------------------------------------------------------- Check the Appropriate Box if a Member of a Group (c) |_| 2. (d) |_| - ------------------------------------------------------------------------------- SEC Use Only 3. - ------------------------------------------------------------------------------- Citizenship or Place of Organization 4. U.S.A. - ------------------------------------------------------------------------------- Sole Voting Power Number of 5. 9,720 Shares ------------------------------------------ Beneficially Shared Voting Power Owned by 6. 1,437,128* Each ------------------------------------------ Sole Dispositive Power Reporting 7. Person 1,446,848* ------------------------------------------ With: Shared Dispositive Power 8. 0 - ------------------------------------------------------------------------------- Aggregate Amount Beneficially Owned by Each Reporting Person 9. 1,446,848* - ------------------------------------------------------------------------------- Check if the Aggregate Amount in Row (9) Excludes Certain Shares 10. |_| Not Applicable - ------------------------------------------------------------------------------- Percent of Class Represented by Amount in Row (9) 11. Approximately 10.35% (based on the 13,981,363 shares of common stock outstanding as of March 11, 2009, as reported on the Issuer's Form 10-K for the year ended December 31, 2008). - ------------------------------------------------------------------------------- Type of Reporting Person 12. IN - ------------------------------------------------------------------------------- * Roumell is the President of RAM and holds a controlling percentage of its outstanding voting securities and, as a result of his position with and ownership of securities of RAM, Roumell could be deemed the beneficial owner of the shares held by RAM. - ------------------------------------------------------------------------------- Item 1(a). Name of Issuer: KVH Industries, Inc. - ------------------------------------------------------------------------------- Item 1(b). Address of Issuer's Principal Executive Offices: 50 Enterprise Center, Middletown, RI 02842 - ------------------------------------------------------------------------------- Item 2(a). Name of Persons Filing: 1. Roumell Asset Management, LLC 2. James C. Roumell - ------------------------------------------------------------------------------- Item 2(b). Address of Principal Business Office or, if none, Residence: 2 Wisconsin Circle, Suite 660, Chevy Chase, MD 20815 - ------------------------------------------------------------------------------- Item 2(c). Citizenship: 1. RAM - Maryland 2. Roumell - U.S.A. - ------------------------------------------------------------------------------- Item 2(d). Title of Class of Securities: Common Stock, par value $0.01 per share - ------------------------------------------------------------------------------- Item 2(e). CUSIP Number: 482738101 - ------------------------------------------------------------------------------- Item 3. If this statement is filed pursuant to Rule 13(d)-1(b), or 13(d)-2(b), or (c), check whether the person filing is a: (a) |_| Broker or dealer registered under Section 15 of the Exchange Act. (b) |_| Bank as defined in Section 3(a)(6) of the Exchange Act. (c) |_| Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) |_| Investment company registered under Section 8 of the Investment Company Act of 1940. (e) |x| * An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E). (f) |_| An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F). (g) |x| * A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G). (h) |_| A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act. (i) |_| A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act. (j) |_| Group, in accordance with Rule 13d-1(b)(1)(ii)(J). * RAM is an investment adviser registered under Section 203 of the Investment Advisers Act of 1940. Roumell is the President of RAM and holds a controlling percentage of its outstanding voting securities. Roumell is joining in this filing on Schedule 13G/A pursuant to Rule 13d-1(k)(1). Item 4. Ownership. (a) Amount beneficially owned: See Items 5-11 on the cover sheets of this Schedule 13G/A. ------------------------------------------------------------------- (b) Percent of class: RAM - Approximately 10.28% Roumell - Approximately 10.35% (Each based on the 13,981,363 shares of common stock outstanding as of March 11, 2009, as reported on the Issuer's Form 10-K for the year ended December 31, 2008.) ------------------------------------------------------------------- (c) Number of shares as to which each person has: (i) Sole power to vote or to direct the vote 9,720 (by Roumell) -------------------- (ii) Shared power to vote or to direct the vote 1,437,128 (through RAM) ----------------------- (iii) Sole power to dispose or to direct the disposition of 1,446,848 (see Item 6 below) --------------------------------- (iv) Shared power to dispose or to direct the disposition of 0 ---------------------------- Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. RAM has been granted discretionary dispositive power over its clients' securities and in some instances has voting power over such securities. Any and all discretionary authority which has been delegated to RAM may be revoked in whole or in part at any time. Roumell is President of RAM and beneficially owns a controlling percentage of its outstanding voting securities. Roumell is joining in this Schedule 13G/A because, as a result of his position with and ownership of securities of RAM, Roumell could be deemed to have voting and/or investment power with respect to the shares beneficially owned by RAM. Roumell disclaims any deemed beneficial ownership in securities held by RAM, except to the extent of his pecuniary interest therein. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Not applicable. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution Group. Not applicable. Item. 10. Certification. By signing below, the undersigned (i) certify that, to the best of their knowledge and belief, the securities reported herein were acquired in the ordinary course of business and were not acquired and are not held for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired and are not held in connection with or as a participant in any transaction having such purposes or effect and (ii) hereby declare and affirm that the filing of this Schedule 13G/A shall not be construed as an admission that either of the reporting persons is the beneficial owner of the securities reported herein, which beneficial ownership is hereby expressly disclaimed, except to the extent of their respective pecuniary interest therein. SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. April 2, 2009 --------------------------------------------------- (Date) /s/ James C. Roumell --------------------------------------------------- (Signature) Roumell Asset Management, LLC By: James C. Roumell, President --------------------------------------------------- (Name/Title) April 2, 2009 --------------------------------------------------- (Date) /s/ James C. Roumell --------------------------------------------------- (Signature) James C. Roumell --------------------------------------------------- (Name) JOINT FILING AGREEMENT In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing on behalf of each of them this Schedule 13G (including further amendments thereto) with respect to the common stock, par value $0.01 per share, of KVH Industries, Inc., and that this Joint Filing Agreement be included as an exhibit to such joint filing. This Joint Filing Agreement may be executed in one or more counterparts, and each such counterpart shall be an original but all of which, taken together, shall constitute but one and the same instrument. IN WITNESS WHEREOF, the undersigned hereby execute this Joint filing Agreement as of this 11th day of February 2008. By: /s/ James C. Roumell ------------------------------------------- James C. Roumell ROUMELL ASSET MANAGEMENT, LLC By: /s/ James C. Roumell ------------------------------------------- James C. Roumell, President -----END PRIVACY-ENHANCED MESSAGE-----