CEVA INC — Director's Dealing 2016

Aug 10, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CEVA INC (CEVA)
CIK: 0001173489
Period of Report: 2016-08-08

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-08	Common Stock	M	40000	$24.17	Acquired	99360	Direct
2016-08-08	Common Stock	S	40000	$31.40	Disposed	59360	Direct
2016-08-08	Common Stock	M	3750	$15.54	Acquired	63110	Direct
2016-08-08	Common Stock	D	1836	$31.53	Disposed	61274	Direct
2016-08-08	Common Stock	S	1914	$31.53	Disposed	59360	Direct
2016-08-08	Common Stock	M	2917	$16.20	Acquired	62277	Direct
2016-08-08	Common Stock	D	1489	$31.53	Disposed	60788	Direct
2016-08-08	Common Stock	S	1428	$31.53	Disposed	59360	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-08-08	Stock Option (Right to Buy)	$24.17	M	40000	Disposed	2018-01-31	Common Stock (40000)	Direct
2016-08-08	Stock Appreciation Right	$15.54	M	3750	Disposed	2019-07-31	Common Stock (3750)	Direct
2016-08-08	Stock Appreciation Right	$16.20	M	2917	Disposed	2020-06-11	Common Stock (2917)	Direct

Footnotes

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

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

F3: 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.