CEVA INC — Director's Dealing 2007

Nov 16, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CEVA INC (CEVA)
CIK: 0001173489
Period of Report: 2007-11-16

Reporting Person: WERTHEIZER GIDEON (Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-16	Common Stock	M	27738	$9.82	Acquired	27738	Direct
2007-11-16	Common Stock	S	500	$10.62	Disposed	27238	Direct
2007-11-16	Common Stock	S	400	$10.65	Disposed	26838	Direct
2007-11-16	Common Stock	S	200	$10.59	Disposed	26638	Direct
2007-11-16	Common Stock	S	300	$10.57	Disposed	26338	Direct
2007-11-16	Common Stock	S	200	$10.68	Disposed	26138	Direct
2007-11-16	Common Stock	S	200	$10.61	Disposed	25938	Direct
2007-11-16	Common Stock	S	100	$10.63	Disposed	25838	Direct
2007-11-16	Common Stock	S	100	$10.58	Disposed	25738	Direct
2007-11-16	Common Stock	S	1300	$10.54	Disposed	24438	Direct
2007-11-16	Common Stock	S	400	$10.56	Disposed	24038	Direct
2007-11-16	Common Stock	S	1100	$10.53	Disposed	22938	Direct
2007-11-16	Common Stock	S	600	$10.55	Disposed	22338	Direct
2007-11-16	Common Stock	S	800	$10.50	Disposed	21538	Direct
2007-11-16	Common Stock	S	3378	$10.48	Disposed	18160	Direct
2007-11-16	Common Stock	S	300	$10.51	Disposed	17860	Direct
2007-11-16	Common Stock	S	3300	$10.47	Disposed	14560	Direct
2007-11-16	Common Stock	S	5436	$10.45	Disposed	9124	Direct
2007-11-16	Common Stock	S	1964	$10.46	Disposed	7160	Direct
2007-11-16	Common Stock	S	6800	$10.49	Disposed	360	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-11-16	Stock Option (Right to Buy)	$9.82	M	27738	Disposed	2008-01-22	Common Stock (27738)	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.