Marced Maria 4
4 · CEVA INC · Filed Feb 22, 2021
Insider Transaction Report
Form 4
CEVA INCCEVA
Marced Maria
Director
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2021-02-19−38,000→ 0 totalExercise: $30.60Exp: 2026-12-08→ Common Stock (38,000 underlying) - Sale
Common Stock
2021-02-18$70.00/sh−369$25,830→ 10,494 total - Tax Payment
Common Stock
2021-02-18$70.00/sh−278$19,460→ 10,863 total - Tax Payment
Common Stock
2021-02-19$70.00/sh−16,329$1,143,030→ 31,518 total - Sale
Common Stock
2021-02-19$70.00/sh−21,024$1,471,680→ 10,494 total - Exercise/Conversion
Common Stock
2021-02-18$30.60/sh+647$19,798→ 11,141 total - Exercise/Conversion
Common Stock
2021-02-19$30.60/sh+37,353$1,143,002→ 47,847 total
Footnotes (5)
- [F1]Represents a net-exercise of outstanding stock options. The reporting person received 369 shares of common stock on the net exercise of an option to purchase 647 shares of common stock. The reporting person forfeited 278 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 February 18, 2021 of $70.00
- [F2]Represents a net-exercise of outstanding stock options. The reporting person received 21,024 shares of common stock on the net exercise of an option to purchase 37,353 shares of common stock. The reporting person forfeited 16,329 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 February 19, 2021 of $70.00.
- [F3]Represents 4,592 shares outstanding and 5,902 unvested RSU's.
- [F4]The stock option was granted pursuant to the company's 2003 Director Stock Option Plan.
- [F5]The stock option became exercisable as to 25% of the underlying shares on the first year anniversary of the grant date and 25% each year thereafter.