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ORMAT TECHNOLOGIES, INC. — Director's Dealing 2016
Sep 30, 2016
6968_dirs_2016-09-30_6e7d8c08-f140-41b6-84a2-25fd096f8e85.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: 2016-09-28
Reporting Person: FIMI IV 2007 LTD. (10% Owner)
Reporting Person: FIMI ENRG, L.P (10% Owner)
Reporting Person: FIMI ENRG Ltd Partnership. (10% Owner)
Reporting Person: DAVIDI ISHAY (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-09-28 | Common Stock, par value $0.001 per share | S | 390000 | $48.64 | Disposed | 6924118 | Indirect |
Footnotes
F1: FIMI IV 2007 Ltd. ("FIMI IV 2007"), is the general partner of each of FIMI ENRG, L.P. ("FIMI ENRG 1") and FIMI ENRG, Limited Partnership ("FIMI ENRG 2"). Ishay Davidi is the Chief Executive Officer of FIMI IV 2007. On September 28, 2016, FIMI IV 2007, FIMI ENRG 1, FIMI ENRG 2 and Ishay Davidi (the "FIMI Entities") sold 390,000 shares of common stock, par value $0.001 per share ("Shares"), of the Issuer.
F2: Due to certain agreements with Bronicki Investments Ltd ("Bronicki") the FIMI Entities may be deemed to beneficially own and have shared voting power over 3,526,959 Shares beneficially owned by Bronicki, which together with the 6,924,118 Shares beneficially owned by the FIMI Entities represent approximately 21.06% of the Issuer's outstanding Shares. Each of the reporting person and the joint filers disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and, in any event, disclaims beneficial ownership of all Shares beneficially owned by Bronicki.