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CEVA INC Director's Dealing 2010

Oct 29, 2010

32631_dirs_2010-10-29_4667aca5-c5a9-4721-9a27-d4947960120f.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CEVA INC (CEVA)
CIK: 0001173489
Period of Report: 2010-10-28

Reporting Person: LIMON ZVI (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-10-28 Common Stock M 13000 $5.76 Disposed 13000 Direct
2010-10-28 Common Stock S 13000 $18.1554 Disposed 0 Direct
2010-10-28 Common Stock M 9750 $8.500 Disposed 9750 Direct
2010-10-28 Common Stock S 9750 $18.1713 Disposed 0 Direct
2010-10-28 Common Stock M 6500 $7.97 Disposed 6500 Direct
2010-10-28 Common Stock S 6500 $18.1914 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-10-28 Employee Stock Option (right to buy) $5.76 M 13000 Disposed 2016-06-30 Common Stock (13000) Direct
2010-10-28 Employee Stock Option (right to buy) $8.5 M 9750 Disposed 2014-06-30 Common Stock (9750) Direct
2010-10-28 Employee Stock Option (right to buy) $7.97 M 6500 Disposed 2015-06-30 Common Stock (6500) Direct

Footnotes

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