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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 HajcTSnW67lrPjLf29qln87wrItdA3qwfLb9rrU8Nm6VX447L79LTu0y+DdHYvSP
 lp5uiun/dLsO7KoSr5/mKg==

<SEC-DOCUMENT>0001181431-03-028287.txt : 20031031
<SEC-HEADER>0001181431-03-028287.hdr.sgml : 20031031
<ACCEPTANCE-DATETIME>20031031104006
ACCESSION NUMBER:		0001181431-03-028287
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030618
FILED AS OF DATE:		20031031

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PARTHUSCEVA INC
		CENTRAL INDEX KEY:			0001173489
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				770556376
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		2033 GATEWAY PLACE, SUITE 150
		CITY:			SAN JOSE
		STATE:			CA
		ZIP:			95110-1002
		BUSINESS PHONE:		4085142900

	MAIL ADDRESS:	
		STREET 1:		2033 GATEWAY PLACE, SUITE 150
		CITY:			SAN JOSE
		STATE:			CA
		ZIP:			95110-1002

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CEVA INC
		DATE OF NAME CHANGE:	20020515

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			OVADIA BAT SHEVA
		CENTRAL INDEX KEY:			0001202349

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-49842
		FILM NUMBER:		03968552

	BUSINESS ADDRESS:	
		STREET 1:		2003 GATEWAY PL.
		STREET 2:		SUITE 150
		CITY:			SAN JOSE
		STATE:			CA
		ZIP:			95110-1002
		BUSINESS PHONE:		4085142900

	MAIL ADDRESS:	
		STREET 1:		2003 GATEWAY PL.
		STREET 2:		SUITE 150
		CITY:			SAN JOSE
		STATE:			CA
		ZIP:			95110-1002
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd20429.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType><periodOfReport>2003-06-18</periodOfReport><notSubjectToSection16>1</notSubjectToSection16>
    <issuer>
        <issuerCik>0001173489</issuerCik>
        <issuerName>PARTHUSCEVA INC</issuerName>
        <issuerTradingSymbol>PCVA</issuerTradingSymbol></issuer><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001202349</rptOwnerCik>
            <rptOwnerName>OVADIA BAT SHEVA</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O PARTHUSCEVA, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>2033 GATEWAY PLACE, SUITE 150</rptOwnerStreet2>
            <rptOwnerCity>SAN JOSE</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>95110-1002</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>0</isDirector><isOfficer>1</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther><officerTitle>Chief Scientist - DSP Tech</officerTitle></reportingOwnerRelationship></reportingOwner><derivativeTable><derivativeTransaction><securityTitle><value>Stock Option (Right to Buy)</value></securityTitle><conversionOrExercisePrice><value>11.88</value></conversionOrExercisePrice><transactionDate><value>2003-06-18</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>D</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>28934</value></transactionShares><transactionPricePerShare><value>0</value><footnoteId id="F2"/></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>2001-10-26</value><footnoteId id="F1"/></exerciseDate><expirationDate><value>2007-10-26</value></expirationDa
te><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>28934</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>0</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeTransaction></derivativeTable><footnotes><footnote id="F1">The option becomes exerciseable as to 25% of the underlying shares on the first anniversary of the grant date and as to 6.25% each quarter thereafter.</footnote><footnote id="F2">On June 18, 2003, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on October 26, 2000.  In exchange, the reporting person will receive a replacement option on December 19, 2003, for the same number of shares, having an exercise price equl to the market price of the underlyin
g stock on the date of grant.</footnote></footnotes><ownerSignature><signatureName>/s/ John Bourke, by power of attorney</signatureName><signatureDate>2003-10-31</signatureDate></ownerSignature></ownershipDocument>



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