CEVA INC — Director's Dealing 2007

Nov 30, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CEVA INC (CEVA)
CIK: 0001173489
Period of Report: 2007-11-28

Reporting Person: WERTHEIZER GIDEON (Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-28	Common Stock	M	8120	$9.82	Acquired	8120	Direct
2007-11-28	Common Stock	S	300	$10.42	Disposed	7820	Direct
2007-11-28	Common Stock	S	700	$10.36	Disposed	7120	Direct
2007-11-28	Common Stock	S	1500	$10.38	Disposed	5620	Direct
2007-11-28	Common Stock	S	700	$10.41	Disposed	4920	Direct
2007-11-28	Common Stock	S	300	$10.39	Disposed	4620	Direct
2007-11-28	Common Stock	S	900	$10.37	Disposed	3720	Direct
2007-11-28	Common Stock	S	3720	$10.35	Disposed	0	Direct
2007-11-29	Common Stock	M	600	$9.82	Acquired	600	Direct
2007-11-29	Common Stock	S	400	$10.35	Disposed	200	Direct
2007-11-29	Common Stock	S	200	$10.36	Disposed	0	Direct
2007-11-30	Common Stock	M	2180	$9.82	Acquired	2180	Direct
2007-11-30	Common Stock	S	2180	$10.35	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-11-28	Stock Option (Right to Buy)	$9.82	M	8120	Disposed	2008-01-22	Common Stock (8120)	Direct
2007-11-29	Stock Option (Right to Buy)	$9.82	M	600	Disposed	2008-01-22	Common Stock (600)	Direct
2007-11-30	Stock Option (Right to Buy)	$9.82	M	2180	Disposed	2008-01-22	Common Stock (2180)	Direct

Footnotes

F1: The stock option becomes exercisable as to 25% of the underlying shares on the first year anniversary of the grant date and 6.25% each quarter thereafter.