CEVA INC — Director's Dealing 2009

Nov 9, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CEVA INC (CEVA)
CIK: 0001173489
Period of Report: 2009-11-05

Reporting Person: WERTHEIZER GIDEON (Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-11-05	Common Stock	S	2379	$11.8292	Disposed	0	Direct
2009-11-05	Common Stock	M	7621	$5.55	Acquired	7621	Direct
2009-11-05	Common Stock	S	7621	$11.8292	Disposed	0	Direct
2009-11-06	Common Stock	M	53989	$5.55	Acquired	53989	Direct
2009-11-06	Common Stock	S	53989	$11.7108	Disposed	0	Direct
2009-11-09	Common Stock	M	8390	$5.55	Acquired	8390	Direct
2009-11-09	Common Stock	S	8390	$11.66	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-11-05	Stock Option (Right to Buy)	$5.55	M	7621	Disposed	2012-07-19	Common Stock (7621)	Direct
2009-11-06	Stock Option (Right to Buy)	$5.55	M	53989	Disposed	2012-07-19	Common Stock (53989)	Direct
2009-11-09	Stock Option (Right to Buy)	$5.55	M	8390	Disposed	2012-07-19	Common Stock (8390)	Direct

Footnotes

F1: These shares were acquired under CEVA, Inc. 2002 Employee Stock Purchase Plan on July 31, 2009

F2: The stock option becomes exercisable as to 25% of the underlying shares on the first anniversary of the grant date and 1/48th each month thereafter.

F3: The stock option becomes exercisable as to 25% of the underlying shares on the first anniversary of the grant date and 1/48th each month thereafter.

F4: The stock option becomes exercisable as to 25% of the underlying shares on the first anniversary of the grant date and 1/48th each month thereafter.