-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 VBRY9fz9T/Mrx/mYl0jqHn8Gy346Nt0m7r3gmhwdIHhfw5DoKfJTJ1kwq9DsjxZh
 ol61KBhbMyhBeYYjyZGYAg==

<SEC-DOCUMENT>0001181431-03-028288.txt : 20031031
<SEC-HEADER>0001181431-03-028288.hdr.sgml : 20031031
<ACCEPTANCE-DATETIME>20031031104030
ACCESSION NUMBER:		0001181431-03-028288
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030618
FILED AS OF DATE:		20031031

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			OHANA ISSACHAR
		CENTRAL INDEX KEY:			0001200368

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-49842
		FILM NUMBER:		03968553

	BUSINESS ADDRESS:	
		STREET 1:		2033 GATEWAY PLACE
		STREET 2:		SUITE 150
		CITY:			SAN JOSE
		STATE:			CA
		ZIP:			95110-1002
		BUSINESS PHONE:		4085142900

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
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd20428.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType><periodOfReport>2003-06-18</periodOfReport><notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0001173489</issuerCik>
        <issuerName>PARTHUSCEVA INC</issuerName>
        <issuerTradingSymbol>PCVA</issuerTradingSymbol></issuer><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001200368</rptOwnerCik>
            <rptOwnerName>OHANA ISSACHAR</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>VP Gen Mgr DSP IP Licensing</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></expirationD
ate><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 equal to the market price of the underly
ing stock on the grant date.</footnote></footnotes><ownerSignature><signatureName>/s/ John Bourke, by power of attorney</signatureName><signatureDate>2003-10-31</signatureDate></ownerSignature></ownershipDocument>



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</SEC-DOCUMENT>
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