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ORMAT TECHNOLOGIES, INC. — Director's Dealing 2016
Jul 5, 2016
6968_rns_2016-07-05_a0eec289-c4fc-45a5-8366-9e0763160e57.pdf
Director's Dealing
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SEC Form 4
| FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 |
OMB APPROVAL | ||||||||||||||||
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| STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See |
OMB Number: | Estimated average burden hours per response: |
3235-0287 0.5 |
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| Instruction 1(b). | Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| 1. Name and Address of Reporting Person* Hatzir Shimon |
2. Issuer Name and Ticker or Trading Symbol ORMAT TECHNOLOGIES, INC. [ ORA ] |
5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner |
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| (Last) | (First) (Middle) C/O ORMAT TECHNOLOGIES, INC. 6225 NEIL ROAD |
3. Date of Earliest Transaction (Month/Day/Year) 06/30/2016 |
Officer (give title Other (specify X below) below) Executive V.P. Engineering. |
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| (Street) RENO NV 89511 |
4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person |
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| (City) | (State) | (Zip) | ||||||||||||||||
| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||||||||||
| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) |
2A. Deemed Execution Date, if any (Month/Day/Year) |
3. Transaction Code (Instr. 8) |
4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following |
6. Ownership Form: Direct (D) or Indirect (I) |
7. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | Amount | (A) or (D) |
Price | Reported and 4) |
Transaction (s) (Instr. 3 |
(Instr. 4) | |||||||||||
| Common stock | 06/30/2016 | M | 2,857 | A | \$23.34 | 2,857 | D | |||||||||||
| Common Stock | 06/30/2016 | S | 2,857 | D | \$43.5 | 0 | D | |||||||||||
| Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) |
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| 1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security |
3. Transaction Date (Month/Day/Year) |
3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
of (A) or of (D) and 5) |
5. Number Derivative Securities Acquired Disposed (Instr. 3, 4 |
Expiration Date (Month/Day/Year) |
6. Date Exercisable and | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) |
Security (Instr. 5) |
8. Price of Derivative |
9. Number of derivative Securities Beneficially Owned Following Reported Transaction (s) (Instr. 4) |
10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) (D) | Date Exercisable |
Expiration Date |
Title | Amount or Number of Shares |
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| Stock Appreciation |
\$23.34 | 06/30/2016 | M | 6,250 | 06/04/2015 | 06/04/2019 Common Stock |
2,857 | \$0 | 0 | D |
Explanation of Responses:
Remarks:
Rigts (SAR)
Etty Rosner is signing on behalf of Shimon Hatzir pursuant to a power of attorney dated 09/27/06.
/s/ Etty Rosner 07/05/2016
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.