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ORMAT TECHNOLOGIES, INC. — Director's Dealing 2017
Dec 7, 2017
6968_dirs_2017-12-07_7ddea926-34e8-443a-adf0-5c53ca616246.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: ORMAT TECHNOLOGIES, INC. (ORA)
CIK: 0001296445
Period of Report: 2017-12-05
Reporting Person: Angel Isaac (CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-11-07 | Restricted Stock Unit | $ | A | 0 | Acquired | Common Stock (34500) | Direct | |
| 2017-11-07 | Stock Appreciation Rights | $63.35 | A | 0 | Acquired | Common Stock (243500) | Direct |
Footnotes
F1: This report is being filed solely in respect of the rescission and voiding by the Board of Directors of Ormat Technolgies Inc. ( the "Company") on December 5, 2017 of 243,300 stock appreciation rights and 34,500 restricated stock units previously granted to Mr. Angel and reported on Form 4 filed with the Securties and Exchange Commission on November 9, 2017. The Board of Directors of the Company rescinded and voided the enirety of these awards made to Mr. Angel since the awards exceeded the annual limit under the Company's Amended and Restated 2012 Incentive Compensation Plan.