CEVA INC — Director's Dealing 2016

May 10, 2016

SEC Form 4/A — Form 4/A

Issuer: CEVA INC (CEVA)
CIK: 0001173489
Period of Report: 2016-05-04

Reporting Person: LIMON ZVI (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-04	Common Stock	M	19500	$17.61	Acquired	26000	Direct
2016-05-04	Common Stock	F	12862	$26.16	Disposed	13138	Direct
2016-05-04	Common Stock	S	6638	$26.16	Disposed	6500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-05-04	Stock Option (Right to Buy)	$17.61	M	19500	Disposed	2022-06-30	Common Stock (19500)	Direct

Footnotes

F1: This amendment corrects the amount beneficially owned. Includes 6,500 shares not reported previously due to administrative error.

F2: Represents a "net exercise" of outstanding stock options. The reporting person received 6,638 shares of common stock on the net exercise of an option to purchase 19,500 shares of common stock. The reporting person forfeited 12,862 shares of common stock underlying the option in payment of the exercise price, based on the market price of CEVA common stock at the time of the option exercise on May 4, 2016 of $26.16.

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.