CEVA INC — Director's Dealing 2015

Feb 13, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CEVA INC (CEVA)
CIK: 0001173489
Period of Report: 2015-02-11

Reporting Person: OHANA ISSACHAR (EVP Worldwide Sales)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-11	Common Stock	M	32500	$9.80	Acquired	38606	Direct
2015-02-11	Common Stock	S	32500	$20.00	Disposed	6106	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-11	Stock Option (Right to Buy)	$9.80	M	32500	Disposed	2015-05-20	Common Stock (32500)	Direct

Footnotes

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

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