CEVA INC — Director's Dealing 2010

Mar 5, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CEVA INC (CEVA)
CIK: 0001173489
Period of Report: 2010-03-03

Reporting Person: OHANA ISSACHAR (EVP Worldwide Sales)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-03	Common Stock	S	1516	$12.45	Disposed	0	Direct
2010-03-03	Common Stock	M	200	$10.40	Acquired	200	Direct
2010-03-03	Common Stock	S	200	$12.69	Disposed	0	Direct
2010-03-03	Common Stock	M	1563	$6.56	Acquired	1563	Direct
2010-03-03	Common Stock	S	1563	$12.69	Disposed	0	Direct
2010-03-03	Common Stock	M	2250	$7.22	Acquired	2250	Direct
2010-03-03	Common Stock	S	2250	$12.69	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-03	Stock Option (Right to Buy)	$10.40	M	200	Disposed	2011-02-10	Common Stock (200)	Direct
2010-03-03	Stock Option (Right to Buy)	$6.56	M	1563	Disposed	2013-01-26	Common Stock (1563)	Direct
2010-03-03	Stock Option (Right to Buy)	$7.22	M	2250	Disposed	2014-01-25	Common Stock (2250)	Direct

Footnotes

F1: These shares were acquired under CEVA, Inc. 2002 Employee Stock Purchase Plan on January 31, 2010

F2: The stock option becomes exercisable as to 25% of the underlying shares on 2/10/05, 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 1/26/07, 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 1/25/08, the first anniversary of the grant date, and 1/48th each month thereafter.