CEVA INC — Director's Dealing 2008

Dec 19, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CEVA INC (CEVA)
CIK: 0001173489
Period of Report: 2008-12-17

Reporting Person: MARXE AUSTIN W & GREENHOUSE DAVID M (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-12-17	Common Stock	S	6122	$7.4133	Disposed	2389577	Indirect
2008-12-18	Common Stock	S	1600	$6.9544	Disposed	2387977	Indirect
2008-12-18	Common Stock	S	2000	$7.3565	Disposed	2385977	Indirect
2008-12-19	Common Stock	S	58700	$6.8224	Disposed	2327277	Indirect

Footnotes

F1: This is a joint filing by Austin W. Marxe (Marxe) and David M. Greenhouse (Greenhouse). They share voting and investment control over all securities owned by Special Situations Fund III QP, L.P. (QP), Special Situations Cayman Fund, L.P. (Cayman), Special Situations Technology Fund, L.P. (Tech) and Special Situations Technology II, L.P. (Tech II), respectively. 900,000 shares of Common Stock are held by QP, 214,977 shares of Common Stock are held by Cayman, 187,779 shares of Common Stock are held by Tech and 1,024,521 shares of Common Stock are held by Tech II. The interest of Marxe and Greenhouse in the shares of Common Stock owned by QP, Cayman, Tech, and Tech II is limited to the extent of his pecuniary interest.