CEVA INC — Director's Dealing 2015

Feb 11, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CEVA INC (CEVA)
CIK: 0001173489
Period of Report: 2015-02-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-09	Common Stock	M	37917	$9.80	Acquired	37917	Direct
2015-02-09	Common Stock	S	37917	$19.0018	Disposed	0	Direct
2015-02-09	Common Stock	M	16667	$8.03	Acquired	16667	Direct
2015-02-09	Common Stock	S	16667	$19.0022	Disposed	0	Direct
2015-02-09	Common Stock	S	1147	$19.07	Disposed	0	Direct
2015-02-09	Common Stock	S	481	$19.07	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-09	Stock Option (Right to Buy)	$9.80	M	37917	Disposed	2015-05-20	Common Stock (37917)	Direct
2015-02-09	Stock Option (Right to Buy)	$8.03	M	16667	Disposed	2016-06-01	Common Stock (16667)	Direct

Footnotes

F1: The shares sold were acquired on July 31, 2012 under the CEVA, Inc. 2002 Employee Stock Purchase Plan.

F2: The shares sold were acquired on January 31, 2013 under the CEVA, Inc. 2002 Employee Stock Purchase Plan.

F3: 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.