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CEVA INC Director's Dealing 2005

May 31, 2005

32631_dirs_2005-05-31_58683541-69ad-4f35-a066-4e25c1e07462.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CEVA INC (CEVA)
CIK: 0001173489
Period of Report: 2005-05-27

Reporting Person: OHANA ISSACHAR (VP Worldwide Sales)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2005-05-27 Common Stock M 2083 $5.9336 Acquired 8407 Direct
2005-05-27 Common Stock S 8407 $7.50 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2005-05-27 Stock Option (Right to Buy) $5.9336 M 2083 Disposed 2005-08-03 Common Stock (2083) Direct

Footnotes

F1: This option was granted August 3, 1998 and was fully vested as of the transaction date.