ORMAT TECHNOLOGIES, INC. — Director's Dealing 2016

Jun 16, 2016

SEC Form 4

FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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Check this box if no longer subject to hours per response: 0.5 Section 16. Form 4 or Form 5 obligations may continue. See 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

1. Name and Address of Reporting Person* Wolf Nir				2. Issuer Name and Ticker or Trading Symbol ORMAT TECHNOLOGIES, INC. [ ORA ]									(Check all applicable) Director		5. Relationship of Reporting Person(s) to Issuer 10% Owner
(Last) C/O ORMAT TECHNOLOGIES, INC. 6225 NEIL ROAD	3. Date of Earliest Transaction (Month/Day/Year) 06/14/2016								X	Officer (give title Other (specify below) below) E.V.P. Market Develop.
(Street) RENO (City)	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
	Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)				2. Transaction Date (Month/Day/Year) if any		2A. Deemed Execution Date, (Month/Day/Year)		3. 4. Securities Acquired (A) Transaction or Disposed Of (D) (Instr. Code (Instr. 3, 4 and 5) 8)					Securities Beneficially Owned	5. Amount of	6. Ownership Form: Direct (D) or	7. Nature of Indirect Beneficial Ownership
					Code	V	Amount	(A) or (D)	Price	Following Reported Transaction(s) (Instr. 3 and 4)		Indirect (I) (Instr. 4)	(Instr. 4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security	2. 3. Transaction 3A. Deemed Conversion Date Execution Date, or Exercise (Month/Day/Year) if any			4. Transaction Code (Instr.	5. Number of Derivative		6. Date Exercisable and Expiration Date (Month/Day/Year)			7. Title and Amount of Securities Underlying			8. Price of Derivative Security	9. Number of derivative	10. Ownership Form:	11. Nature of Indirect Beneficial

(Instr. 3)	Price of Derivative Security		(Month/Day/Year)	8)		Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)				Derivative Security (Instr. 3 and 4)		(Instr. 5)	Securities Beneficially Owned Following Reported Transaction (s) (Instr. 4)	Direct (D) or Indirect (I) (Instr. 4)	Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Appreciation Rights (SARS)	\$42.87	06/14/2016		A		25,000 (1)		06/14/2018	06/14/2022 Common	Stock	25,000	\$0	50,000 (2)	D

Explanation of Responses:

1. 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.

2. 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.

Remarks:

Etty Rosner is signing on behalf of Nir Wolf pursuant to a power of attorney dated 09/27/06.

** Signature of Reporting Person Date

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