ORMAT TECHNOLOGIES, INC. — Director's Dealing 2017

Dec 8, 2017

Go to...

Toggle SGML Header (+)

Section 1: 4/A (FORM 4/A)

FORM 4
Check this box if no

longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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

OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response	0.5

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

(Print or Type Responses) 1. Name and Address of Reporting Person * Angel Isaac 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 __X__ Officer (give title below) _____ Other (specify below) CEO (Last) (First) (Middle) C/O ORMAT TECHNOLOGIES, INC., 6225 NEIL ROAD 3. Date of Earliest Transaction (Month/Day/Year) 12/05/2017 (Street) RENO, NV 89511 4. If Amendment, Date Original Filed (Month/Day/Year) 11/07/2017 6. Individual or Joint/Group Filing (Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (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 Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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 control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned

	(e.g., puts, calls, warrants, options, convertible securities)
1. Title of	2.	3. Transaction	3A. Deemed	4.		5.		6. Date Exercisable		7. Title and Amount		8. Price of	9. Number of	10.	11. Nature
Derivative	Conversion	Date	Execution Date, if	Transaction		Number		and Expiration Date		of Underlying		Derivative	Derivative	Ownership	of Indirect
Security	or Exercise	(Month/Day/Year)	any	Code		of		(Month/Day/Year)		Securities		Security	Securities	Form of	Beneficial
(Instr. 3)	Price of		(Month/Day/Year)	(Instr. 8)		Derivative				(Instr. 3 and 4)		(Instr. 5)	Beneficially	Derivative	Ownership
	Derivative						Securities					Owned	Security:	(Instr. 4)
	Security						Acquired					Following	Direct (D)
						(A) or						Reported	or Indirect
						Disposed							Transaction(s)	(I)
						of (D)							(Instr. 4)	(Instr. 4)
							(Instr. 3,
						4, and 5)
											Amount
								Date	Expiration		or
								Exercisable	Date	Title	Number
				Code V (A) (D)							of Shares
Restricted Stock Unit	(1)	11/07/2017		A		0 (1)		(1)	(1)	Common Stock	34,500	\$ 0	0	D
Stock Appreciation Rights	\$63.35	11/07/2017		A		0 (1)		(1)	(1)	Common Stock	243,500	\$ 0	100,000	D

Reporting Owners

	Relationships
Reporting Owner Name / Address		Director 10% Owner Officer Other
Angel Isaac C/O ORMAT TECHNOLOGIES, INC. 6225 NEIL ROAD RENO, NV 89511			CEO

Signatures

/s/ Etty Rosner 12/07/2017

**Signature of Reporting Person Date

Explanation of Responses:

• * 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).
• (1) 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.

Remarks:

Etty Rosner is signing on behalf of Mr.Angel pursuant to a power of attorney dated March 4, 2014.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number. (Back To Top)