SILVER LOUIS 4
4 · CEVA INC · Filed Jun 15, 2022
Insider Transaction Report
Form 4
CEVA INCCEVA
SILVER LOUIS
Director
Transactions
- Tax Payment
Common Stock
2022-06-14$32.95/sh−6,896$227,223→ 38,008 total - Exercise/Conversion
Stock Option (Right to Buy)
2022-06-14$17.61/sh−13,000$228,930→ 0 totalExercise: $17.61Exp: 2022-06-30→ Common Stock (26,000 underlying) - Exercise/Conversion
Common Stock
2022-06-14$17.61/sh+13,000$228,930→ 44,904 total - Sale
Common Stock
2022-06-14$32.95/sh−6,104$201,127→ 31,904 total
Footnotes (3)
- [F1]Represents a net exercise of outstanding stock options. The reporting person received 6,104 shares of common stock on the net exercise of an option to purchase 13,000 shares of common stock. The reporting person forfeited 6,896 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 June 14th 2022 of $32.95.
- [F2]Represents 27,543 shares outstanding and 4,361 unvested RSU's.
- [F3]The stock option became exercisable as to 25% of the underlying shares on 06/30/2013, the first year anniversary of the grant date and 25% each year thereafter.