ORMAT TECHNOLOGIES, INC. — Director's Dealing 2016

Jun 15, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORMAT TECHNOLOGIES, INC. (ORA)
CIK: 0001296445
Period of Report: 2016-06-14

Reporting Person: Wolf Nir (E.V.P. Market Develop.)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-06-14	Stock Appreciation Rights (SARS)	$42.87	A	25000	Acquired	2022-06-14	Common Stock (25000)	Direct

Footnotes

F1: The Stock Appreciation Rights will vest and become exercisable according to the following schedule: 50% on June 14, 2018, 25% on June 14, 2019 and 25% on June 14, 2020.

F2: This includes balance of 25,000 Stock Appreciation Rights granted on June 4, 2013 at excercise price of $23.34 ea that will vest on June 4, 2017.