KVH INDS INC

Ticker: KVHI CUSIP: 482738101 Class: Common Stock

FORMULA GROWTH LTD's Holding History (CIK: 0001093219)

Note: Option positions (PUT/CALL) are excluded.

Q1 2016

Shares 98,900 Value ($000) $944 Avg Close $8.97 Range $8.00 - $9.88

Q4 2015

Shares 98,900 Value ($000) $932 Avg Close $9.68 Range $8.83 - $10.64

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	98,900	$944	$8.97	$8.00 - $9.88
Q4 2015	98,900	$932	$9.68	$8.83 - $10.64