CEVA INC — Director's Dealing 2016

Jul 5, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CEVA INC (CEVA)
CIK: 0001173489
Period of Report: 2016-07-01

Reporting Person: LIMON ZVI (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-07-01	Common Stock	A	2316	$0.00	Acquired	8816	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-07-01	Stock Option (Right to Buy)	$27.17	A	6500	Acquired	2026-07-01	Common Stock (6500)	Direct

Footnotes

F1: Represents restricted stock units that were granted pursuant to the company's 2011 Stock Incentive Plan.

F2: Each Restricted Stock Unit represents the contingent right to receive one share of CEVA common stock upon vesting of the unit. 100% of the RSU's granted will vest on 1st July 2017.

F3: The stock option becomes exercisable as to 25% of the underlying shares on the first year anniversary of the grant date and 25% each year thereafter.