ORMAT TECHNOLOGIES, INC. — Director's Dealing 2015

Mar 3, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORMAT TECHNOLOGIES, INC. (ORA)
CIK: 0001296445
Period of Report: 2015-02-27

Reporting Person: Rosner Etty (SVP, Corporate Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-27	Common stock	M	2739	$26.84	Acquired	2739	Direct
2015-02-27	Common stock	M	2271	$25.65	Acquired	2271	Direct
2015-02-27	Common stock	S	5010	$33.82	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-27	Stock Appreciation Rights (SARS)	$26.84	M	11750	Disposed	2016-03-19	Common Stock (2739)	Direct
2015-02-27	Stock Appreciation Rights (SARS)	$25.65	M	8500	Disposed	2018-03-31	Common Stock (2271)	Direct