SILVER LOUIS 4
4 · CEVA INC · Filed Jun 16, 2023
Insider Transaction Report
Form 4
CEVA INCCEVA
SILVER LOUIS
Director
Transactions
- Tax Payment
Common Stock
2023-06-14$26.00/sh−19,183$498,758→ 42,514 total - Exercise/Conversion
Common Stock
2023-06-14$19.36/sh+26,000$503,360→ 61,697 total - Sale
Common Stock
2023-06-14$26.00/sh−6,817$177,242→ 35,697 total - Exercise/Conversion
Stock Option (Right to Buy)
2023-06-14$19.36/sh−26,000$503,360→ 0 totalExercise: $19.36Exp: 2023-06-30→ Common Stock (26,000 underlying)
Footnotes (3)
- [F1]Represents a net-exercise of outstanding stock options. The reporting person received 6,817 shares of common stock on the net exercise of an option to purchase 26,000 shares of common stock. The reporting person forfeited 19,183 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 14, 2023 of $26.00.
- [F2]Represents 30,567 shares outstanding and 5,130 unvested RSU's.
- [F3]The stock option became exercisable as to 25% of the underlying shares on 06/30/2014, the first year anniversary of the grant date, and 25% each year thereafter.