AI assistant
CEVA INC — Director's Dealing 2024
Mar 19, 2024
32631_dirs_2024-03-19_aff9ae23-0b9b-4902-8f1a-3eaeddc601d9.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CEVA INC (CEVA)
CIK: 0001173489
Period of Report: 2024-03-15
Reporting Person: SILVER LOUIS (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-15 | Common Stock | M | 13000 | $14.77 | Acquired | 53576 | Direct |
| 2024-03-15 | Common Stock | F | 8270 | $23.19 | Disposed | 45306 | Direct |
| 2024-03-15 | Common Stock | S | 4730 | $23.19 | Disposed | 40576 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-15 | Stock Option (Right to Buy) | $14.77 | M | 13000 | Disposed | 2024-06-30 | Common Stock (13000) | Direct |
Footnotes
F1: Represents a net-exercise of outstanding stock options. The reporting person received 4,730 shares of common stock on the net exercise of an option to purchase 13,000 shares of common stock. The reporting person forfeited 8,270 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 March 15, 2024 of $23.19.
F2: Represents 33,800 shares outstanding and 6,776 unvested RSU's.
F3: The stock option became exercisable as to 25% of the underlying shares on 06/30/2015, the first year anniversary of the grant date, and 25% each year thereafter.