CEVA INC — Director's Dealing 2022

Jun 15, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CEVA INC (CEVA)
CIK: 0001173489
Period of Report: 2022-06-14

Reporting Person: SILVER LOUIS (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-06-14	Common Stock	M	13000	$17.61	Acquired	44904	Direct
2022-06-14	Common Stock	F	6896	$32.95	Disposed	38008	Direct
2022-06-14	Common Stock	S	6104	$32.95	Disposed	31904	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-06-14	Stock Option (Right to Buy)	$17.61	M	13000	Disposed	2022-06-30	Common Stock (26000)	Direct

Footnotes

F1: Represents a net exercise of outstanding stock options. The reporting person received 6,104 shares of common stock on the net exercise of an option to purchase 13,000 shares of common stock. The reporting person forfeited 6,896 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 June 14th 2022 of $32.95.

F2: Represents 27,543 shares outstanding and 4,361 unvested RSU's.

F3: The stock option became exercisable as to 25% of the underlying shares on 06/30/2013, the first year anniversary of the grant date and 25% each year thereafter.