AI assistant
ORIX CORP — Director's Dealing 2024
Dec 13, 2024
30155_dirs_2024-12-13_2a25bda1-4c77-4b56-82fb-fde8ef15b38f.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ORMAT TECHNOLOGIES, INC. (ORA)
CIK: 0001296445
Period of Report: 2024-12-13
Reporting Person: ORIX CORP (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-12-13 | Common Stock, par value $0.001 per share | S | 3700000 | $75.38 | Disposed | 2976077 | Direct |
Footnotes
F1: On December 13, 2024, ORIX Corporation ("ORIX") completed the sale of 3,700,000 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, the Issuer and Goldman Sachs & Co. LLC (the "Underwriter"), dated December 11, 2024. The Underwriter has not yet exercised its option to purchase up to an additional 555,000 Shares, which option is exercisable for a period of 30 days after December 11, 2024 ("Over-Allotment Option").
F2: The sales price of $75.38 represents the $76.20 public offering price per Share, less the underwriting discount of $0.82 per Share.
F3: In addition to the reported transaction, 555,000 Shares that continue to be held by the Reporting Person are subject to the Over-Allotment Option.