CEVA INC — Director's Dealing 2011

Feb 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CEVA INC (CEVA)
CIK: 0001173489
Period of Report: 2011-01-31

Reporting Person: WERTHEIZER GIDEON (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-02	Common Stock	S	1111	$24.5	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-31	Stock Option (Right to Buy)	$24.17	A	60000	Acquired	2018-01-31	Common Stock (60000)	Direct

Footnotes

F1: These shares were acquired under CEVA, Inc. 2002 Employee Stock Purchase Plan on January 31, 2011.

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