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ORIX CORP — Director's Dealing 2022
Nov 23, 2022
30155_dirs_2022-11-23_8a6cab5c-5990-4689-a446-a9ac5ba12a7d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ORMAT TECHNOLOGIES, INC. (ORA)
CIK: 0001296445
Period of Report: 2022-11-21
Reporting Person: ORIX CORP (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-11-21 | Common Stock, par value $0.001 per share | S | 3750000 | $87.75 | Disposed | 7238577 | Direct |
Footnotes
F1: On November 21, 2022, ORIX Corporation ("ORIX") sold 3,750,000 of their shares of common stock, par value $0.001 per share ("Shares") of the Issuer pursuant to that certain Underwriting Agreement by and among ORIX and BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives of certain underwriters, dated November 16, 2022. The underwriters have an option to purchase up to an additional 562,500 Shares for a period of 30 days after November 16, 2022 ("Over-Allotment Option").
F2: The sales price of $87.75 represents the $90.00 public offering price per Share, less the underwriting discount of $2.25 per Share.
F3: In addition to the reported transaction, 562,500 Shares continuing to be held by the Reporting Person are subject to the Over-Allotment Option.