CEVA INC — Director's Dealing 2015

Nov 12, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CEVA INC (CEVA)
CIK: 0001173489
Period of Report: 2015-11-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-11-09	Common Stock	M	48750	$15.54	Acquired	80811	Direct
2015-11-09	Common Stock	D	28545	$25.90	Disposed	52266	Direct
2015-11-09	Common Stock	S	20205	$25.90	Disposed	32061	Direct
2015-11-09	Common Stock	M	40833	$16.20	Acquired	72894	Direct
2015-11-09	Common Stock	D	24925	$25.90	Disposed	47969	Direct
2015-11-09	Common Stock	S	15908	$25.90	Disposed	32061	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-11-09	Stock Appreciation Right	$15.54	M	48750	Disposed	2019-07-31	Common Stock (48750)	Direct
2015-11-09	Stock Appreciation Right	$16.20	M	40833	Disposed	2020-06-11	Common Stock (40833)	Direct

Footnotes

F1: Includes shares that were acquired under the CEVA, Inc. 2002 Employee Stock Purchase Plan.

F2: The Stock Appreciation Rights became exercisable as to 25% of the underlying shares on the first anniversary of the grant date and 1/48th of underlying shares each month thereafter.