CEVA INC — Director's Dealing 2020

Jul 7, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CEVA INC (CEVA)
CIK: 0001173489
Period of Report: 2020-07-02

Reporting Person: MCMANAMON PETER (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-02	Common Stock	A	3373	$0.00	Acquired	10494	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	272085	Indirect

Footnotes

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

F2: Each Restricted Stock Unit represents the contingent right to receive one share of CEVA common stock upon vesting of the unit. 50% of the RSU's granted will vest on 2nd July 2021 with the remainder vesting on 2nd July 2022.

F3: Represents 4,592 shares outstanding and 5,902 unvested RSUs.

F4: These shares are held by a family limited partnership called Shariva Limited Partnership, of which Shariva Limited is the general partner and the reporting person and his spouse are the sole owners of Shariva Limited, and the reporting person, his spouse and his three children are the limited partners of Shariva Limited Partnership. Based on the terms of the Shariva Limited Partnership, the CEVA common stock are held 49.95% each by the reporting person and his spouse and 0.1% by Shariva Limited.