SEC Form 4 · accession 0001209191-17-021412
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
Mar 15, 2017
Accepted (ET)
Mar 17, 2017 · 4:45 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 | Mar 15, 2017 | M | 8,021 | $16.20 | A | 43,114 | D | |
| Common Stock | Mar 15, 2017 | D | 3,724 | $34.90 | D | 39,390 | D | |
| Common Stock | Mar 15, 2017 | S | 4,297 | $34.90 | D | 35,093 | D | |
| Common Stock | Mar 16, 2017 | M | 30,000 | $24.17 | A | 65,093 | D | |
| Common Stock | Mar 16, 2017 | D | 30,000 | $35.50 | D | 35,093 | 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 RightF1 | $16.20 | Mar 15, 2017 | M | 8,021 | D | — | Jun 11, 2020 | Common Stock | 8,021 | 2,188 | D |
| Stock Option (Right to Buy)F2 | $24.17 | Mar 16, 2017 | M | 30,000 | D | Jan 31, 2012 | Jan 31, 2018 | Common Stock | 30,000 | 0 | D |
Explanation of responses
- F1The 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.
- F2The stock option became exercisable as to 25% of the underlying shares on the first year anniversary of the grant date and 1/48th each month thereafter.