SEC Form 4 · accession 0001209191-15-079827
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
Nov 9, 2015
Accepted (ET)
Nov 12, 2015 · 6:16 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 | Nov 9, 2015 | M | 48,750 | $15.54 | A | 80,811 | D | |
| Common Stock | Nov 9, 2015 | D | 28,545 | $25.90 | D | 52,266 | D | |
| Common Stock | Nov 9, 2015 | S | 20,205 | $25.90 | D | 32,061 | D | |
| Common Stock | Nov 9, 2015 | M | 40,833 | $16.20 | A | 72,894 | D | |
| Common Stock | Nov 9, 2015 | D | 24,925 | $25.90 | D | 47,969 | D | |
| Common Stock | Nov 9, 2015 | S | 15,908 | $25.90 | D | 32,061 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF2 | $15.54 | Nov 9, 2015 | M | 48,750 | D | — | Jul 31, 2019 | Common Stock | 48,750 | 11,250 | D |
| Stock Appreciation RightF2 | $16.20 | Nov 9, 2015 | M | 40,833 | D | — | Jun 11, 2020 | Common Stock | 40,833 | 29,167 | D |
Explanation of responses
- F1Includes shares that were acquired under the CEVA, Inc. 2002 Employee Stock Purchase Plan.
- F2The Stock Appreciation Rights became exercisable as to 25% of the underlying shares on the first anniversary of the grant date and 1/48th of underlying shares each month thereafter.