CEVA INC — Director's Dealing 2023

Jun 16, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CEVA INC (CEVA)
CIK: 0001173489
Period of Report: 2023-06-14

Reporting Person: SILVER LOUIS (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-06-14	Common Stock	M	26000	$19.36	Acquired	61697	Direct
2023-06-14	Common Stock	F	19183	$26	Disposed	42514	Direct
2023-06-14	Common Stock	S	6817	$26	Disposed	35697	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-06-14	Stock Option (Right to Buy)	$19.36	M	26000	Disposed	2023-06-30	Common Stock (26000)	Direct

Footnotes

F1: Represents a net-exercise of outstanding stock options. The reporting person received 6,817 shares of common stock on the net exercise of an option to purchase 26,000 shares of common stock. The reporting person forfeited 19,183 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 14, 2023 of $26.00.

F2: Represents 30,567 shares outstanding and 5,130 unvested RSU's.

F3: The stock option became exercisable as to 25% of the underlying shares on 06/30/2014, the first year anniversary of the grant date, and 25% each year thereafter.