CEVA INC — Director's Dealing 2010

Nov 12, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CEVA INC (CEVA)
CIK: 0001173489
Period of Report: 2010-11-11

Reporting Person: SILVER LOUIS (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-11	Common Stock	M	13000	$7.45	Acquired	13000	Direct
2010-11-11	Common Stock	S	13000	$21.0149	Disposed	0	Direct
2010-11-11	Common Stock	M	38000	$7.45	Acquired	38000	Direct
2010-11-11	Common Stock	S	38000	$20.9665	Disposed	0	Direct
2010-11-11	Common Stock	M	13000	$7.91	Acquired	13000	Direct
2010-11-11	Common Stock	S	13000	$21.0157	Disposed	0	Direct
2010-11-11	Common Stock	M	6500	$5.76	Acquired	6500	Direct
2010-11-11	Common Stock	S	6500	$21.0235	Disposed	0	Direct
2010-11-11	Common Stock	M	19500	$8.5	Acquired	19500	Direct
2010-11-11	Common Stock	S	19500	$21.0296	Disposed	0	Direct
2010-11-11	Common Stock	M	13000	$7.97	Acquired	13000	Direct
2010-11-11	Common Stock	S	13000	$21.0157	Disposed	0	Direct
2010-11-11	Common Stock	M	6500	$8.68	Acquired	6500	Direct
2010-11-11	Common Stock	S	6500	$21.0234	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-11	Stock Option (Right to Buy)	$7.45	M	13000	Disposed	2013-06-18	Common Stock (13000)	Direct
2010-11-11	Stock Option (Right to Buy)	$7.45	M	38000	Disposed	2013-06-18	Common Stock (38000)	Direct
2010-11-11	Stock Option (Right to Buy)	$7.91	M	13000	Disposed	2014-07-01	Common Stock (13000)	Direct
2010-11-11	Stock Option (Right to Buy)	$5.76	M	6500	Disposed	2013-06-30	Common Stock (6500)	Direct
2010-11-11	Stock Option (Right to Buy)	$8.5	M	19500	Disposed	2014-06-30	Common Stock (19500)	Direct
2010-11-11	Stock Option (Right to Buy)	$7.97	M	13000	Disposed	2015-06-30	Common Stock (13000)	Direct
2010-11-11	Stock Option (Right to Buy)	$8.68	M	6500	Disposed	2016-06-30	Common Stock (6500)	Direct

Footnotes

F1: The stock option becomes exercisable as to 25% of the underlying shares on 6/18/04, the first anniversary of the grant date, and 25% each year thereafter.

F2: The stock option becomes exercisable as to 25% of the underlying shares on 6/18/04, the first anniversary of the grant date, and 25% each year thereafter.

F3: The stock option becomes exercisable as to 25% of the underlying shares on 7/1/05, the first anniversary of the grant date, and 25% each year thereafter.

F4: The stock option becomes exercisable as to 25% of the underlying shares on 6/30/07, the first anniversary of the grant date, and 25% each year thereafter.

F5: The stock option becomes exercisable as to 25% of the underlying shares on 6/30/08, the first anniversary of the grant date, and 25% each year thereafter.

F6: The stock option becomes exercisable as to 25% of the underlying shares on 6/30/09, the first anniversary of the grant date, and 25% each year thereafter.

F7: The stock option becomes exercisable as to 25% of the underlying shares on 6/30/10, the first anniversary of the grant date, and 25% each year thereafter.