Louis Silver - Mar 14, 2025 Form 4 Insider Report for CEVA INC (CEVA)

Role
Director
Signature
/s/ Louis Silver
Stock symbol
CEVA
Transactions as of
Mar 14, 2025
Transactions value $
-$402,740
Form type
4
Date filed
3/18/2025, 08:55 AM
Previous filing
Jul 2, 2024
Next filing
May 7, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CEVA Common Stock Options Exercise $253K +13K +27.64% $19.43 60K Mar 14, 2025 Direct
transaction CEVA Common Stock Tax liability -$263K -8.48K -14.12% $30.98 51.6K Mar 14, 2025 Direct F1
transaction CEVA Common Stock Sale -$140K -4.52K -8.77% $30.98 47K Mar 14, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CEVA Stock Option (Right to Buy) Options Exercise -$253K -13K -100% $19.43 0 Mar 14, 2025 Common Stock 13K $19.43 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a net-exercise of outstanding stock options. The reporting person received 4,520 shares of common stock on the net exercise of an option to purchase 13,000 shares of common stock. The reporting person forfeited 8,480 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 March 14, 2025 of $30.98.
F2 Represents 38,136 shares outstanding and 8,902 unvested RSU's.
F3 The stock option became exercisable as to 25% of the underlying shares on 07/01/2016, the first year anniversary of the grant date, and 25% each year thereafter.