KVHI · Kvh Industries Inc \De\

Shares sold to pay the taxes owed on a restricted stock award that partially vested on June 8, 2026

Shares sold to pay the taxes owed on a restricted stock grant that partially vested on June 8, 2026

This Form 4 is filed jointly by The Radoff Family Foundation ("Radoff Foundation") and Bradley L. Radoff (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock (the "Shares"). Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Represents a weighted average price. These Shares were sold in multiple transactions at prices ranging from $10.7600 to $10.9550, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares sold at each separate price within the range set forth in this footnote.

Represents securities owned directly by Radoff Foundation. Mr. Radoff, as a director of Radoff Foundation, may be deemed the beneficial owner of the securities owned by Radoff Foundation; however, Mr. Radoff does not have any pecuniary interest in the securities owned by Radoff Foundation.

This Form 4 is filed jointly by The Radoff Family Foundation ("Radoff Foundation") and Bradley L. Radoff (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock (the "Shares"). Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Represents a weighted average price. These Shares were sold in multiple transactions at prices ranging from $10.9600 to $11.9600, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares sold at each separate price within the range set forth in this footnote.

Represents securities owned directly by Radoff Foundation. Mr. Radoff, as a director of Radoff Foundation, may be deemed the beneficial owner of the securities owned by Radoff Foundation; however, Mr. Radoff does not have any pecuniary interest in the securities owned by Radoff Foundation.

Shares sold to pay the taxes owed on a restricted stock grant that partially vested on March 7, 2026.

Shares sold to pay the taxes owed on a restricted stock award that partially vested on March 7, 2026

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.

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.

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.

Shares sold to pay the taxes owed on a restricted stock award that partially vested on February 16, 2026.

Shares sold to pay the taxes owed on a restricted stock grant that partially vested on February 16, 2026

This Form 4 is filed jointly by The Radoff Family Foundation ("Radoff Foundation") and Bradley L. Radoff (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock (the "Shares"). Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Represents a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $6.1500 to $6.3700, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote.

Represents a weighted average price. The Shares were purchased in multiple transactions at prices ranging from $5.90 to $6.05, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote.

These shares of Common Stock ("Shares") are held directly by certain investment vehicles (the "Black Diamond vehicles") managed by Black Diamond Capital Management I, LLLP ("Black Diamond"). Mr. Deckoff is the Managing Principal of Black Diamond.

Each of the Reporting Persons disclaims beneficial ownership over the Shares, except to the extent of its or his pecuniary interest therein, and this statement shall not be construed as an admission that such Reporting Person is the beneficial owner of any Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Represents a weighted average price. The Shares were purchased in multiple transactions at prices ranging from $6.045 to $6.05, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote.

These shares of Common Stock ("Shares") are held directly by certain investment vehicles (the "Black Diamond vehicles") managed by Black Diamond Capital Management I, LLLP ("Black Diamond"). Mr. Deckoff is the Managing Principal of Black Diamond.

Each of the Reporting Persons disclaims beneficial ownership over the Shares, except to the extent of its or his pecuniary interest therein, and this statement shall not be construed as an admission that such Reporting Person is the beneficial owner of any Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Represents a weighted average price. The Shares (as defined herein) were purchased in multiple transactions at prices ranging from $5.945 to $6.00, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote.

These shares of Common Stock ("Shares") are held directly by certain investment vehicles (the "Black Diamond vehicles") managed by Black Diamond Capital Management I, LLLP ("Black Diamond"). Mr. Deckoff is the Managing Principal of Black Diamond.

Each of the Reporting Persons disclaims beneficial ownership over the Shares, except to the extent of its or his pecuniary interest therein, and this statement shall not be construed as an admission that such Reporting Person is the beneficial owner of any Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Represents a weighted average price. The Shares were purchased in multiple transactions at prices ranging from $5.895 to $6.10, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote.

These shares of Common Stock ("Shares") are held directly by certain investment vehicles (the "Black Diamond vehicles") managed by Black Diamond Capital Management I, LLLP ("Black Diamond"). Mr. Deckoff is the Managing Principal of Black Diamond. Effective August 22, 2025, Black Diamond replaced BDCM CT, L.L.C. (f/k/a Black Diamond Capital Management, L.L.C.) as the primary registered investment adviser that exercises investment discretion on behalf of investment advisory affiliates that serve as investment advisers to the Black Diamond vehicles. Accordingly, Black Diamond is replacing BDCM CT, L.L.C. as a Reporting Person on this Form 4.

Each of the Reporting Persons disclaims beneficial ownership over the Shares, except to the extent of its or his pecuniary interest therein, and this statement shall not be construed as an admission that such Reporting Person is the beneficial owner of any Shares for purposes of Section 16 of the Exchange Act or for any other purpose.

Represents a weighted average price. The Shares were purchased in multiple transactions at prices ranging from $5.995 to $6.00, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote.

These shares of Common Stock ("Shares") are held directly by certain investment vehicles (the "Black Diamond vehicles") managed by Black Diamond Capital Management I, LLLP ("Black Diamond"). Mr. Deckoff is the Managing Principal of Black Diamond. Effective August 22, 2025, Black Diamond replaced BDCM CT, L.L.C. (f/k/a Black Diamond Capital Management, L.L.C.) as the primary registered investment adviser that exercises investment discretion on behalf of investment advisory affiliates that serve as investment advisers to the Black Diamond vehicles. Accordingly, Black Diamond is replacing BDCM CT, L.L.C. as a Reporting Person on this Form 4.

Each of the Reporting Persons disclaims beneficial ownership over the Shares, except to the extent of its or his pecuniary interest therein, and this statement shall not be construed as an admission that such Reporting Person is the beneficial owner of any Shares for purposes of Section 16 of the Exchange Act or for any other purpose.

Represents a weighted average price. The Shares (as defined herein) were purchased in multiple transactions at prices ranging from $5.985 to $5.99, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote.

Reported amounts have been adjusted to reflect the transfer of 3,409 Shares from Mr. Deckoff to Black Diamond (as defined herein) and the Black Diamond vehicles (as defined herein) on November 21, 2025, upon the vesting and settlement of restricted stock previously granted to Mr. Deckoff, which transfer was exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), by virtue of Rule 16a-13 thereunder.

These shares of Common Stock ("Shares") are held directly by certain investment vehicles (the "Black Diamond vehicles") managed by Black Diamond Capital Management I, LLLP ("Black Diamond"). Mr. Deckoff is the Managing Principal of Black Diamond. Effective August 22, 2025, Black Diamond replaced BDCM CT, L.L.C. (f/k/a Black Diamond Capital Management, L.L.C.) as the primary registered investment adviser that exercises investment discretion on behalf of investment advisory affiliates that serve as investment advisers to the Black Diamond vehicles. Accordingly, Black Diamond is replacing BDCM CT, L.L.C. as a Reporting Person on this Form 4.

Each of the Reporting Persons disclaims beneficial ownership over the Shares, except to the extent of its or his pecuniary interest therein, and this statement shall not be construed as an admission that such Reporting Person is the beneficial owner of any Shares for purposes of Section 16 of the Exchange Act or for any other purpose.

This Form 4 is filed jointly by The Radoff Family Foundation ("Radoff Foundation") and Bradley L. Radoff (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock (the "Shares"). Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Represents a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $5.4400 to $5.9400, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote.

Shares sold to pay the taxes owed on a restricted stock grant that partially vested on October 11, 2025.

Restricted stock grant for continuation on KVH's board of directors issued pursuant to the terms & conditions of KVH Industries' 2016 Amended and Restated Equity & Incentive Plan. Restricted stock will vest in four installments on each of 11/21/2025, 2/21/2026, 5/21/2026, and 8/21/2026, provided Mr. Deckoff is still a board member of KVH Industries, Inc. on each vesting date.

Reported amounts have been adjusted to reflect the transfer, since the most recent Form 4 filed on December 18, 2024, of 12,473 Shares from Mr. Deckoff to Black Diamond upon the vesting and settlement of restricted stock previously granted to Mr. Deckoff, which transfer was exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), by virtue of Rule 16a-13 thereunder.

These shares of restricted stock are held of record by Mr. Deckoff for the benefit of BDCM CT, L.L.C. (formerly known as Black Diamond Capital Management, L.L.C.) and/or certain Black Diamond investment vehicles managed by Black Diamond (the "Black Diamond vehicles") and will be transferred to Black Diamond upon vesting and settlement. Mr. Deckoff disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.

Restricted stock grant for participation on KVH's board of directors (including various committee positions) issued pursuant to the terms & conditions of KVH Industries' amended and restated 2016 Equity & Incentive Plan. Restricted stock will vest in four installments on each of 11/21/2025, 2/21/2026, 5/21/2026, 8/21/2026, provided Mr. Spytek is still a board member of KVH Industries, Inc.

Restricted stock grant for continued participation on KVH's board of directors (including various committee positions) issued pursuant to the terms & conditions of KVH Industries' amended and restated 2016 Equity & Incentive Plan. Restricted stock will vest in four installments on each of 11/21/2025, 2/21/2026, 5/21/2026, 8/21/2026, provided Mr. Tolley is still a board member of KVH Industries, Inc.

Restricted stock grant for continued participation on KVH's board of directors (including various committee positions) issued pursuant to the terms & conditions of KVH Industries' amended and restated 2016 Equity & Incentive Plan. Restricted stock will vest in four installments on each of 11/21/2025, 2/21/2026, 5/21/2026, 8/21/2026, provided Mr. Kagan is still a board member of KVH Industries, Inc.

Shares sold to pay the taxes owed on a restricted stock award that partially vested on June 8, 2025.

Shares sold to pay the taxes owed on a restricted stock award that partially vested on June 8, 2025.

Shares sold to pay the taxes owed on a restricted stock award that finished vesting on March 31, 2025.

Shares sold to pay the taxes owed on a restricted stock award that finished vesting on March 31, 2025.

Shares sold to pay the taxes owed on a restricted stock award that partially vested on March 7, 2025.

Shares sold to pay the taxes owed on a restricted stock award that partially vested on March 7, 2025.

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 3/3/2026, provided the executive is employed by the Company at the time of vesting.

Vested stock options beneficially owned.

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 3/3/2026, provided the executive is employed by the Company at the time of vesting.

Vested stock options beneficially owned.

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 3/3/2026, provided the executive is employed by the Company at the time of vesting.

Vested stock options beneficially owned.

Shares sold to pay the taxes owed on a restricted stock award that partially vested on February 16, 2025.

Shares sold to pay the taxes owed on a restricted stock award that partially vested on February 16, 2025.

Represents a weighted average price. The Shares (as defined herein) were purchased in multiple transactions at prices ranging from $5.70 to $5.80, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote.

Reported amounts have been adjusted to reflect the transfer of 4,157 Shares from Mr. Deckoff to Black Diamond and the Black Diamond vehicles on November 13, 2024, upon the vesting and settlement of restricted stock previously granted to Mr. Deckoff, which transfer was exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), by virtue of Rule 16a-13 thereunder.

These shares of Common Stock ("Shares") are held directly by the Black Diamond vehicles. Black Diamond exercises investment discretion on behalf of investment advisory affiliates that serve as investment advisers to the Black Diamond vehicles. Mr. Deckoff is the Managing Principal of Black Diamond.

Each of the Reporting Persons disclaims beneficial ownership over the Shares, except to the extent of its or his pecuniary interest therein, and this statement shall not be construed as an admission that such Reporting Person is the beneficial owner of any Shares for purposes of Section 16 of the Exchange Act or for any other purpose.

This Form 4 is filed jointly by The Radoff Family Foundation ("Radoff Foundation") and Bradley L. Radoff (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock (the "Shares"). Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Represents a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $4.7800 to $4.9000, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote.

This Form 4 is filed jointly by The Radoff Family Foundation ("Radoff Foundation") and Bradley L. Radoff (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock (the "Shares"). Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Represents a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $4.5000 to $4.7000, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote.

Shares sold to pay the taxes owed on a restricted stock award that vested on October 11, 2024.

Represents a weighted average price. The shares were purchased in multiple transactions at prices ranging from $4.46 to $4.50, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote.

These shares of Common Stock ("Shares") are held directly by the Black Diamond vehicles. Black Diamond exercises investment discretion on behalf of investment advisory affiliates that serve as investment advisers to the Black Diamond vehicles. Mr. Deckoff is the Managing Principal of Black Diamond.

Each of the Reporting Persons disclaims beneficial ownership over the Shares, except to the extent of its or his pecuniary interest therein, and this statement shall not be construed as an admission that such Reporting Person is the beneficial owner of any Shares for purposes of Section 16 of the Exchange Act or for any other purpose.

This Form 4 is filed jointly by The Radoff Family Foundation ("Radoff Foundation") and Bradley L. Radoff (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock (the "Shares"). Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Represents a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $4.6000 to $4.6800, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote.

Represents securities owned directly by Radoff Foundation. Mr. Radoff, as a director of Radoff Foundation, may be deemed the beneficial owner of the securities owned by Radoff Foundation.

This Form 4 is filed jointly by The Radoff Family Foundation ("Radoff Foundation") and Bradley L. Radoff (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock (the "Shares"). Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Represents a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $4.5600 to $4.6900, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote.

Represents securities owned directly by Radoff Foundation. Mr. Radoff, as a director of Radoff Foundation, may be deemed the beneficial owner of the securities owned by Radoff Foundation.

Restricted stock grant for continued participation on KVH's board of directors (including various committee positions) issued pursuant to the terms & conditions of KVH Industries' amended and restated 2016 Equity & Incentive Plan. Restricted stock will vest in four installments on each of 11/13/2024, 2/13/2025, 5/13/2025, 8/13/2025, provided Mr. Kagan is still a board member of KVH Industries, Inc.

Restricted stock grant for continued participation on KVH's board of directors (including various committee positions) issued pursuant to the terms & conditions of KVH Industries' amended and restated 2016 Equity & Incentive Plan. Restricted stock will vest in four installments on each of 11/13/2024, 2/13/2025, 5/13/2025, 8/13/2025, provided Mr. Trimble is still a board member of KVH Industries, Inc.

Restricted stock grant for continuation on KVH's board of directors issued pursuant to the terms & conditions of KVH Industries' 2016 Amended and Restated Equity & Incentive Plan. Restricted stock will vest in four installments on each of 11/13/2024, 2/13/2025, 5/13/2025, and 8/13/2025, provided Mr. Deckoff is still a board member of KVH Industries, Inc. on each vesting date.

These shares of restricted stock are held of record by Mr. Deckoff for the benefit of Black Diamond Capital Management, L.L.C. ("Black Diamond") and/or certain Black Diamond investment vehicles managed by Black Diamond (the "Black Diamond vehicles") and will be transferred to Black Diamond or the Black Diamond vehicles upon vesting and settlement. Mr. Deckoff disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.

Restricted stock grant for continued participation on KVH's board of directors (including various committee positions) issued pursuant to the terms & conditions of KVH Industries' amended and restated 2016 Equity & Incentive Plan. Restricted stock will vest in four installments on each of 11/13/2024, 2/13/2025, 5/13/2025, 8/13/2025, provided Mr. Tolley is still a board member of KVH Industries, Inc.

Shares sold to pay the taxes owed on a restricted stock award that vested on August 2, 2024.

Shares sold to pay the taxes owed on a restricted stock award that vested on August 2, 2024.

This Form 4 is filed jointly by The Radoff Family Foundation ("Radoff Foundation") and Bradley L. Radoff (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock (the "Shares"). Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Represents a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $4.3900 to $4.6400, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote.

This Form 4 is filed jointly by The Radoff Family Foundation ("Radoff Foundation") and Bradley L. Radoff (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock (the "Shares"). Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Represents a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $4.4700 to $4.5700, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote.

Represents securities owned directly by Radoff Foundation. Mr. Radoff, as a director of Radoff Foundation, may be deemed the beneficial owner of the securities owned by Radoff Foundation.