SEC Form 4 · accession 0001209191-15-082083

CEVA INC · CEVA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Nov 20, 2015

Accepted (ET)

Nov 24, 2015 · 6:24 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
Common Stock	Nov 20, 2015	M	6,375	$8.68	A	12,875	D
Common Stock	Nov 20, 2015	S	6,375	$25.07	D	6,500	D
Common Stock	Nov 20, 2015	M	9,503	$12.60	A	16,003	D
Common Stock	Nov 20, 2015	S	9,503	$25.08	D	6,500	D
Common Stock	Nov 20, 2015	M	9,382	$17.61	A	15,882	D
Common Stock	Nov 20, 2015	F	6,572	$25.07	D	9,310	D
Common Stock	Nov 20, 2015	S	2,810	$25.07	D	6,500	D
Common Stock	Nov 23, 2015	M	125	$8.68	A	6,625	D
Common Stock	Nov 23, 2015	S	125	$25.00	D	6,500	D
Common Stock	Nov 23, 2015	M	247	$12.60	A	6,747	D
Common Stock	Nov 23, 2015	S	247	$25.00	D	6,500	D
Common Stock	Nov 23, 2015	M	368	$17.61	A	6,868	D
Common Stock	Nov 23, 2015	F	260	$25.00	D	6,608	D
Common Stock	Nov 23, 2015	S	108	$25.00	D	6,500	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (Right to Buy)^F3	$8.68	Nov 20, 2015	M	6,375	A	—	Jun 30, 2016	Common Stock	6,375	125	D
Stock Option (Right to Buy)^F3	$12.60	Nov 20, 2015	M	9,503	A	—	Jun 30, 2017	Common Stock	9,503	247	D
Stock Option (Right to Buy)^F3	$17.61	Nov 20, 2015	M	9,382	A	—	Jun 30, 2022	Common Stock	9,382	3,618	D
Stock Option (Right to Buy)^F3	$8.68	Nov 23, 2015	M	125	A	—	Jun 30, 2016	Common Stock	125	0	D
Stock Option (Right to Buy)^F3	$12.60	Nov 23, 2015	M	247	A	—	Jun 30, 2017	Common Stock	247	0	D
Stock Option (Right to Buy)^F3	$17.61	Nov 23, 2015	M	368	A	—	Jun 30, 2022	Common Stock	368	3,250	D

F1Represents a "net exercise" of outstanding stock options. The reporting person received 2,810 shares of common stock on the net exercise of an option to purchase 9,382 shares of common stock. The reporting person forfeited 6,572 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 November 20, 2015 of $25.07.
F2Represents a "net exercise" of outstanding stock options. The reporting person received 108 shares of common stock on the net exercise of an option to purchase 368 shares of common stock. The reporting person forfeited 260 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 November 23, 2015 of $25.00.
F3The stock option becomes exercisable as to 25% of the underlying shares on the first year anniversary of the grant date and 25% each year thereafter.