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ORMAT TECHNOLOGIES, INC. Director's Dealing 2016

Jun 9, 2016

6968_rns_2016-06-09_d83a474d-8c28-4b61-a16f-fc0abea4c779.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 OMB Number: 3235-0287 Estimated average burden

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Check this box if no longer subject hours per response: 0.5

to 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

Hatzir Shimon 1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol
ORMAT TECHNOLOGIES, INC. [ ORA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director
Officer (give title
10% Owner
Other (specify
(Last)
(First)
(Middle)
C/O ORMAT TECHNOLOGIES, INC.
6225 NEIL ROAD
3. Date of Earliest Transaction (Month/Day/Year)
06/06/2016
X below)
Executive V.P. Engineering.
below)
(Street)
RENO
NV
89511
(City)
(State)
(Zip)
4. If Amendment, Date of Original Filed (Month/Day/Year) Line)
X
6. Individual or Joint/Group Filing (Check Applicable
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
2A. Deemed
3.
Date
Execution Date,
Transaction
(Month/Day/Year)
if any
Code (Instr.
(Month/Day/Year)
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)
Code V Amount (A)
or
(D)
Price Reported
Transaction
(s) (Instr. 3
and 4)
(Instr. 4)
Common Stock 06/06/2016 M 2,909 A \$23.34 2,909 D
Common Stock 06/06/2016 S 2,909 D \$44.2 0 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

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)
5. Number
6. Date Exercisable and
Expiration Date
Derivative
(Month/Day/Year)
Securities
Acquired
Disposed
(Instr. 3, 4
and 5)
7. Title and
Amount of
Securities
Underlying
Derivative Security
(Instr. 3 and 4)
8. Price of
Derivative
Security
(Instr. 5)
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)
Code V (A) (D) Date
Exercisable
Expiration
Date
Title Amount
or
Number
of
Shares
Stock
Appreciation
Rigts (SAR)
\$23.34 06/06/2016 M 6,250 06/04/2015 06/04/2019 Common Stock 2,909 \$23.34 0 D

Explanation of Responses:

Remarks:

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

/s/ Etty Rosner 06/08/2016

** 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.