CEVA INC — Director's Dealing 2017

Mar 17, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CEVA INC (CEVA)
CIK: 0001173489
Period of Report: 2017-03-15

Reporting Person: OHANA ISSACHAR (EVP Worldwide Sales)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-15	Common Stock	M	8021	$16.20	Acquired	43114	Direct
2017-03-15	Common Stock	D	3724	$34.90	Disposed	39390	Direct
2017-03-15	Common Stock	S	4297	$34.90	Disposed	35093	Direct
2017-03-16	Common Stock	M	30000	$24.17	Acquired	65093	Direct
2017-03-16	Common Stock	D	30000	$35.50	Disposed	35093	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-15	Stock Appreciation Right	$16.20	M	8021	Disposed	2020-06-11	Common Stock (8021)	Direct
2017-03-16	Stock Option (Right to Buy)	$24.17	M	30000	Disposed	2018-01-31	Common Stock (30000)	Direct

Footnotes

F1: 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.

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.