CEVA INC — Director's Dealing 2013

Jun 13, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CEVA INC (CEVA)
CIK: 0001173489
Period of Report: 2013-06-11

Reporting Person: OHANA ISSACHAR (EVP Worldwide Sales)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-06-11	Stock Appreciation Right	$16.2	A	35000	Acquired	2020-06-11	Common Stock (35000)	Direct

Footnotes

F1: The Stock Appreciation Rights were granted pursuant to the Company's 2011 Stock Option Plan.

F2: The award is subject to a ceiling such that the maximum aggregate number of shares of Common Stock issuable upon exercise is four hundred percent (400%) of the exercise price of $16.20.

F3: The Stock Appreciation Rights become exercisable as to 25% of the underlying shares on the first anniversary of the grant date and 1/48th of the underlying shares each month thereafter.