---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-003822"
form_type: "8-K"
ticker: "CEVA"
cik: "0001173489"
company_name: "CEVA INC"
filed_at: "2022-02-18T23:59:59+00:00"
generated_at: "2026-06-27T06:31:09.894287+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CEVA sets 2022 executive bonus plans with revenue and EPS targets, equity grants for CEO, CFO, COO, and EVP

## Summary
- Compensation Committee approved 2022 Executive Bonus Plan for CEO Gideon Wertheizer (target 70% of salary, max 110%), CFO Yaniv Arieli and COO Michael Boukaya (each target 50%, max 75%).
- EVP Worldwide Sales Issachar Ohana gets 2022 Incentive Bonus Plan with CRT up to $140,000, ART up to $35,000, quarterly bonuses $6,000, and strategic account bonuses capped at $42,000 if CRT unmet.
- Time-based RSU grants: 9,935 to Wertheizer, 5,961 to Ohana, 7,451 to Arieli, 5,961 to Boukaya; vest ratably over three years.
- Performance-based PSUs granted: 14,903 to Wertheizer, 3,974 to Ohana, 4,969 to Arieli, 3,974 to Boukaya; vest based on 2022 license revenue and relative TSR compared to S&P 500.
- Committee approved salary increases for executives: Wertheizer to NIS 143,325/month, Ohana to $307,282/year, Arieli to NIS 88,725/month, Boukaya to NIS 71,560/month.

## SEC filing metadata
- accession: 0001437749-22-003822
- form_type: 8-K
- ticker: CEVA
- cik: 0001173489
- company_name: CEVA INC
- filed_at: 2022-02-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173489/000143774922003822/0001437749-22-003822-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173489/000143774922003822/ceva20220217_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-003822
- JSON: https://secwatch.observer/filing/0001437749-22-003822.json
- Plain text: https://secwatch.observer/filing/0001437749-22-003822.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.