SEC Form 4 · accession 0001209191-15-013672
CEVA INC · CEVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Issachar Ohana
Officer — EVP Worldwide Sales
Period of report
Feb 11, 2015
Accepted (ET)
Feb 13, 2015 · 5:11 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 StockF1 | Feb 11, 2015 | M | 32,500 | $9.80 | A | 38,606 | D | |
| Common Stock | Feb 11, 2015 | S | 32,500 | $20.00 | D | 6,106 | 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)F2 | $9.80 | Feb 11, 2015 | M | 32,500 | D | May 20, 2009 | May 20, 2015 | Common Stock | 32,500 | 0 | D |
Explanation of responses
- F1Includes shares that were acquired under CEVA, Inc. 2002 Employee Stock Purchase Plan.
- F2The 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.