CEVA INC — Director's Dealing 2007

Nov 21, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CEVA INC (CEVA)
CIK: 0001173489
Period of Report: 2007-11-19

Reporting Person: WERTHEIZER GIDEON (Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-19	Common Stock	M	28800	$9.82	Acquired	28800	Direct
2007-11-19	Common Stock	S	1600	$10.65	Disposed	27200	Direct
2007-11-19	Common Stock	S	1400	$10.74	Disposed	25800	Direct
2007-11-19	Common Stock	S	100	$10.59	Disposed	25700	Direct
2007-11-19	Common Stock	S	200	$10.54	Disposed	25500	Direct
2007-11-19	Common Stock	S	900	$10.53	Disposed	24600	Direct
2007-11-19	Common Stock	S	1459	$10.57	Disposed	23141	Direct
2007-11-19	Common Stock	S	2100	$10.55	Disposed	21041	Direct
2007-11-19	Common Stock	S	213	$10.47	Disposed	20828	Direct
2007-11-19	Common Stock	S	6600	$10.5	Disposed	14228	Direct
2007-11-19	Common Stock	S	1900	$10.49	Disposed	12328	Direct
2007-11-19	Common Stock	S	900	$10.46	Disposed	11428	Direct
2007-11-19	Common Stock	S	6728	$10.45	Disposed	4700	Direct
2007-11-19	Common Stock	S	4700	$10.48	Disposed	0	Direct
2007-11-20	Common Stock	M	11700	$9.82	Acquired	11700	Direct
2007-11-20	Common Stock	S	100	$10.51	Disposed	11600	Direct
2007-11-20	Common Stock	S	519	$10.68	Disposed	11081	Direct
2007-11-20	Common Stock	S	1675	$10.77	Disposed	9406	Direct
2007-11-20	Common Stock	S	200	$10.76	Disposed	9206	Direct
2007-11-20	Common Stock	S	930	$10.7	Disposed	8276	Direct
2007-11-20	Common Stock	S	200	$10.75	Disposed	8076	Direct
2007-11-20	Common Stock	S	1081	$10.71	Disposed	6995	Direct
2007-11-20	Common Stock	S	300	$10.72	Disposed	6695	Direct
2007-11-20	Common Stock	S	500	$10.78	Disposed	6195	Direct
2007-11-20	Common Stock	S	470	$10.73	Disposed	5725	Direct
2007-11-20	Common Stock	S	400	$10.74	Disposed	5325	Direct
2007-11-20	Common Stock	S	800	$10.69	Disposed	4525	Direct
2007-11-20	Common Stock	S	200	$10.66	Disposed	4325	Direct
2007-11-20	Common Stock	S	300	$10.65	Disposed	4025	Direct
2007-11-20	Common Stock	S	100	$10.64	Disposed	3925	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-11-19	Stock Option (Right to Buy)	$9.82	M	28800	Disposed	2008-01-22	Common Stock (28800)	Direct
2007-11-20	Stock Option (Right to Buy)	$9.82	M	11700	Disposed	2008-01-22	Common Stock (11700)	Direct

Footnotes

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