ORMAT TECHNOLOGIES, INC. — Director's Dealing 2017

Jul 28, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORMAT TECHNOLOGIES, INC. (ORA)
CIK: 0001296445
Period of Report: 2017-07-13

Reporting Person: Bronicki Investments Ltd. (Member of 10% owner group.)
Reporting Person: Bronicki Yehudit (Member of 10% owner group.)
Reporting Person: Bronicki Lucien (Member of 10% owner group.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-07-13	Common Stock, par value $0.001 per share	L	51	$56.94	Acquired	3527010	Direct
2017-07-18	Common Stock, par value $0.001 per share	S	51	$57.701	Disposed	3526959	Direct
2017-07-26	Common Stock, par value $0.001 per share	S	3323431	$57.00	Disposed	0	Direct

Footnotes

F1: On July 26, 2017 (the "Closing"), Bronicki Investments Ltd. sold all of its shares of common stock, par value $0.001 per share ("Shares") of the Issuer to Orix Corporation. Prior to the Closing, FIMI ENRG, L.P. and FIMI ENRG, Limited Partnership exercised the call option granted to them under a Share Purchase Agreement dated March 16, 2012 and an Amended and Restated Shareholders Rights Agreement dated November 10, 2014, and purchased from Bronicki Investments Ltd. an aggregate of 203,528 Shares of the Issuer for $27.52 per share, with such price determined in accordance with those agreements.

F2: These shares are beneficially held directly by Bronicki Investments Ltd. Yehudit Bronicki and Lucien Bronicki are each directors of Bronicki Investments Ltd. and each shares voting and dispositive power over the shares held by Bronicki Investments Ltd. Accordingly, each of Mrs. Bronicki and Mr. Bronicki may be deemed to share beneficial ownership of the shares held by Bronicki Investments Ltd. However, each of Mrs. Bronicki and Mr. Bronicki disclaims beneficial ownership of all such shares except to the extent of its respective pecuniary interest therein.