Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
NILSSON SVEN CHRISTER
  2. Issuer Name and Ticker or Trading Symbol
CEVA INC [CEVA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
CEVA, INC., 1174 CASTRO STREET, SUITE 210
3. Date of Earliest Transaction (Month/Day/Year)
11/20/2017
(Street)

MOUNTAIN VIEW, CA 94040
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/20/2017   M   13,000 A $ 30.46 28,282 D  
Common Stock 11/20/2017   F(1)   8,328 D $ 47.5 19,954 D  
Common Stock 11/20/2017   S   4,672 D $ 47.5 15,282 D  
Common Stock 11/20/2017   M   13,000 A $ 17.61 28,282 D  
Common Stock 11/20/2017   F(2)   4,815 D $ 47.5 23,467 D  
Common Stock 11/20/2017   S   8,185 D $ 47.5 15,282 D  
Common Stock 11/20/2017   M   13,000 A $ 19.36 28,282 D  
Common Stock 11/20/2017   F(3)   5,293 D $ 47.5 22,989 D  
Common Stock 11/20/2017   S   7,707 D $ 47.5 15,282 D  
Common Stock 11/20/2017   M   9,750 A $ 14.77 25,032 D  
Common Stock 11/20/2017   F(4)   3,029 D $ 47.5 22,003 D  
Common Stock 11/20/2017   S   6,721 D $ 47.5 15,282 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $ 30.46 11/20/2017   M     13,000 (5)   (6) 06/30/2021 Common Stock 13,000 $ 0 0 D  
Stock Option (Right to Buy) $ 17.61 11/20/2017   M     13,000 (5)   (6) 06/30/2022 Common Stock 13,000 $ 0 0 D  
Stock Option (Right to Buy) $ 19.36 11/20/2017   M     13,000 (5)   (6) 06/30/2023 Common Stock 13,000 $ 0 0 D  
Stock Option (Right to Buy) $ 14.77 11/20/2017   M     9,750   (6) 06/30/2024 Common Stock 9,750 $ 0 3,250 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
NILSSON SVEN CHRISTER
CEVA, INC.
1174 CASTRO STREET, SUITE 210
MOUNTAIN VIEW, CA 94040
  X      

Signatures

 /s/ Sven Christer Nilsson   11/22/2017
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Represents a "net exercise" of outstanding stock options. The reporting person received 4,672 shares of common stock on the net exercise of an option to purchase 13,000 shares of common stock. The reporting person forfeited 8,328 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 November 20, 2017 of $47.50.
(2) Represents a "net exercise" of outstanding stock options. The reporting person received 8,185 shares of common stock on the net exercise of an option to purchase 13,000 shares of common stock. The reporting person forfeited 4,815 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 November 20, 2017 of $47.50.
(3) Represents a "net exercise" of outstanding stock options. The reporting person received 7,707 shares of common stock on the net exercise of an option to purchase 13,000 shares of common stock. The reporting person forfeited 5,293 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 November 20, 2017 of $47.50.
(4) Represents a "net exercise" of outstanding stock options. The reporting person received 6,721 shares of common stock on the net exercise of an option to purchase 9,750 shares of common stock. The reporting person forfeited 3,029 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 November 20, 2017 of $47.50.
(5) The stock option was granted pursuant to the company's 2003 Director Stock Option Plan.
(6) 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.

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