SEC Form 4

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

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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1. Name and Address of Reporting Person^* Gideon Wertheizer (Last)                      (First)                      (Middle) 2033 Gateway Place, Suite 150 (Street) San Jose,    CA   95110-1002 (City)                      (State)                      (Zip)
2. Issuer Name
and Ticker or Trading Symbol
ParthusCeva, Inc.
PCVA 3. I.R.S. Identification
    Number of Reporting
    Person, if an entity
    (voluntary) 4. Statement for
    Month/Day/Year
10/31/2002
5. If Amendment,
    Date of Original
    (Month/Day/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   Director      10% Owner X Officer (give title below)        Other (specify below)
Description           Executive Vice President - Business Development and Chief Technology Officer (former President) 7. Individual or Joint/Group
    Filing (Check Applicable Line)
X   Form filed by One Reporting Person      Form filed by More than One Reporting Person

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. Owner-     ship     Form:     Direct (D)     or     Indirect (I)     (Instr. 4)	7. Nature of      Indirect      Beneficial      Ownership     (Instr. 4)
			Code	V	Amount	A/D	Price

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. Conver-     sion or     Exercise     Price of     Deri-     vative     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(DE) and     Expiration Date(ED)     (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. Owner- ship Form of Deriv- ative Securities: Direct (D) or Indirect (I) (Instr.4)

11. Nature of       Indirect       Beneficial       Ownership       (Instr.4)

Code

V

A

D

DE

ED

Title

Amount or Number of Shares

Stock Options

$(1)

10/31/2002

J(1)

26,667

(2)

2/4/09

Common Stock

26,667 shares

$(1)

26,667

D

Stock Options

$(1)

10/31/2002

J(1)

7,500

(3)

8/3/05

Common Stock

7,500 shares

$(1)

7,550

D

Stock Options

$(1)

10/31/2002

J(1)

13,334

(4)

4/17/07

Common Stock

13,334 shares

$(1)

13,334

D

Stock Options

$(1)

10/31/2002

J(1)

2,602

(5)

8/20/04

Common Stock

2,602 shares

$(1)

2,602

D

Stock Options

$(1)

10/31/2002

J(1)

523

(6)

8/20/04

Common Stock

523 shares

$(1)

523

D

Stock Options

$(1)

10/31/2002

J(1)

12,361

(7)

4/21/06

Common Stock

12,361 shares

$(1)

12,361

D

Stock Options

$(1)

10/31/2002

J(1)

13,334

(8)

11/24/06

Common Stock

13,334 shares

$(1)

13,334

D

Stock Options

$(1)

10/31/2002

J(1)

20,000

(9)

10/26/07

Common Stock

20,000 shares

$(1)

20,000

D

Explanation of Responses:

(1) Acquired in a pro rata distribution by DSP Group, Inc. of one share of ParthusCeva, Inc. for every three shares of DSP Group, Inc. for no consideration. Strike price of ParthusCeva option received to be determined by DSP Group, Inc. and ParthusCeva after closing.
(2) 25% of the shares vest on February 4, 2003. The remaining shares vest in equal quarterly installments beginning on May 4, 2003.
(3) All shares vested on the date of receipt.
(4) 8,334 shares vested on the date of receipt. The remaining shares vest in equal quarterly installments beginning on January 17, 2003.
(5) All shares vested on the date of receipt.   
(6) All shares vested on the date of receipt.   
(7) 9,861 shares vested on the date of receipt. The remaining shares vest in equal quarterly installments beginning on January 21, 2003.
(8) 10,000 shares vested on the date of receipt. The remaining shares vest in equal quarterly installments beginning on February 25, 20 03.
(9) 10,000 shares vested on the date of receipt. The remaining shares vest in equal quarterly installments beginning on January 26, 2003.

By:
/s/ Gideon Wertheizer                                                                                                11/4/02
** Signature of Reporting Person                                                                                    Date      

SEC 1474 (8-02)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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