SEC Form 4 · accession 0001209191-16-122909
CEVA INC · CEVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Louis Silver
Director
Period of report
May 20, 2016
Accepted (ET)
May 24, 2016 · 4:16 pm EDT
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 | May 20, 2016 | M | 9,828 | $12.60 | A | 16,328 | D | |
| Common Stock | May 20, 2016 | S | 9,828 | $26.23 | D | 6,500 | D | |
| Common Stock | May 23, 2016 | M | 16,172 | $12.60 | A | 22,672 | D | |
| Common Stock | May 23, 2016 | S | 16,172 | $26.20 | D | 6,500 | 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)F1 | $12.60 | May 20, 2016 | M | 9,828 | D | — | Jun 30, 2017 | Common Stock | 9,828 | 16,172 | D |
| Stock Option (Right to Buy)F1 | $12.60 | May 23, 2016 | M | 16,172 | D | — | Jun 30, 2017 | Common Stock | 16,172 | 0 | D |
Explanation of responses
- F1The 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.