X0202 4 2005-12-09 0001007587 KVH INDUSTRIES INC \DE\ KVHI 0001184878 PALMER IAN C KVH INDUSTRIES, INC. 50 ENTERPRISE CENTER MIDDLETOWN RI 02842 0 1 0 0 Exec VP, Satellite Sales Common Stock 12336 D Employee Stock Option-Right to Buy 13.47 2004-05-13 4 J 0 25000 13.47 A 2009-05-13 Common Stock 25000 56250 D Employee Stock Option-Right to Buy 15.46 2004-02-25 4 J 0 12500 15.46 A 2009-02-25 Common Stock 12500 65625 D Employee Stock Option-Right to Buy 10.99 2003-02-24 4 J 0 12500 10.99 A 2008-02-24 Common Stock 12500 71875 D Previously reported option granted under KVH Industries 1996 Incentive & Non-qualified Stock Option Plan. Previously reported stock option date of grant. Previously reported option granted under KVH Industries 2003 Incentive & Non-qualified Stock Option Plan. This option originally vested in four equal annual installments on the anniversary date of the grant. Effective December 9, 2005, KVH Industries accelerated the vesting schedules for all stock options outstanding as of that date with exercise prices of $10.92 or more, including this option. Represents total vested/unexercised options "beneficially owned" following this transaction. Ian C. Palmer 2005-12-13