SEC Form 4 · accession 0001209191-15-011937
CEVA INC · CEVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gideon Wertheizer
Officer — Chief Executive Officer · Director
Period of report
Feb 9, 2015
Accepted (ET)
Feb 11, 2015 · 4:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001173489
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 9, 2015 | M | 37,917 | $9.80 | A | 37,917 | D | |
| Common Stock | Feb 9, 2015 | S | 37,917 | $19.0018 | D | 0 | D | |
| Common Stock | Feb 9, 2015 | M | 16,667 | $8.03 | A | 16,667 | D | |
| Common Stock | Feb 9, 2015 | S | 16,667 | $19.0022 | D | 0 | D | |
| Common StockF1 | Feb 9, 2015 | S | 1,147 | $19.07 | D | 0 | D | |
| Common StockF2 | Feb 9, 2015 | S | 481 | $19.07 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $9.80 | Feb 9, 2015 | M | 37,917 | D | May 20, 2009 | May 20, 2015 | Common Stock | 37,917 | 0 | D |
| Stock Option (Right to Buy)F3 | $8.03 | Feb 9, 2015 | M | 16,667 | D | Jun 1, 2010 | Jun 1, 2016 | Common Stock | 16,667 | 0 | D |
Explanation of responses
- F1The shares sold were acquired on July 31, 2012 under the CEVA, Inc. 2002 Employee Stock Purchase Plan.
- F2The shares sold were acquired on January 31, 2013 under the CEVA, Inc. 2002 Employee Stock Purchase Plan.
- F3The stock option becomes exercisable as to 25% of the underlying shares on the first anniversary of the grant date, and 1/48th each month thereafter.