Unassociated Document
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
Date
of
report (Date of earliest event reported): January 25, 2007
CEVA,
INC.
(Exact
Name of Registrant as Specified in Its Charter)
Delaware
(State
or
Other Jurisdiction of Incorporation)
000-49842
(Commission
File Number)
|
77-0556376
(I.R.S.
Employer Identification No.)
|
|
|
2033
Gateway Place, Suite 150, San Jose, CA
(Address
of Principal Executive Offices)
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95110
(Zip
Code)
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408/514-2900
(Registrant’s
Telephone Number, Including Area Code)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see
General
Instruction A.2. below):
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o
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Written
communications pursuant to Rule 425 under the Securities Act (17
CFR
230.425)
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o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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o
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR
240.14d-2(b))
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o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR
240.13e-4(c))
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ITEM
5.02 DEPARTURE OF DIRECTORS OR PRINICPAL OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF PRINCIPAL OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN
OFFICERS
On
January 25, 2007, Issachar Ohana, Executive Vice President, Worldwide
Sales, of CEVA, Inc. (the “Company”), received a stock option grant to purchase
27,000 shares of the Company’s common stock from the Company’s 2000 Stock
Incentive Plan at an exercise price of $7.22 per share, the closing price of
the
Company’s common stock on January 25, 2007. The stock options become exercisable
as to 25% of the underlying shares on January 25, 2008 and 1/48th
of the
underlying shares each month thereafter.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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CEVA,
INC. |
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Date: January 30,
2007 |
By: |
/s/ Yaniv
Arieli |
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Yaniv
Arieli |
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Chief
Financial Officer |