SEC Form 4 · accession 0001209191-17-031335
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
May 8, 2017
Accepted (ET)
May 10, 2017 · 4:46 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 8, 2017 | M | 729 | $16.20 | A | 35,822 | D | |
| Common Stock | May 8, 2017 | D | 289 | $41.01 | D | 35,533 | D | |
| Common Stock | May 8, 2017 | S | 440 | $41.01 | D | 35,093 | D | |
| Common StockF1,F2 | May 9, 2017 | S | 4,921 | $41.917 | D | 30,172 | 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 RightF3 | $16.20 | May 8, 2017 | M | 729 | D | — | Jun 11, 2020 | Common Stock | 729 | 1,459 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.60 to $42.00, inclusive. The reporting person undertakes to provide to CEVA, Inc., any security holder of CEVA, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes to this Form 4.
- F2Includes shares that were acquired under the CEVA, Inc. 2002 Employee Stock Purchase Plan.
- F3The 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.