ORMAT TECHNOLOGIES, INC. — Director's Dealing 2017

Nov 15, 2017

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Section 1: 4 (FORM 4)

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

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longer subject to Section 16. Form 4 or Form 5

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

obligations may Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

(Print or Type Responses)

1(b).

1. Name and Address of Reporting Person - Wolf Nir		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
(Last) C/O ORMAT TECHNOLOGIES, INC., 6225 NEIL ROAD	(Middle)	3. Date of Earliest Transaction (Month/Day/Year) 11/07/2017						_X__ Officer (give title below) Other (specify below) E.V.P. Market Develop.
RENO, NV 89511		4. If Amendment, Date 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
(City)	(State)	(Zip)	Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security Instr. 3) Date		2. Transaction (Month/Day/Year) any	2A. Deemed 3. Transaction Execution Date, if Code (Instr. 8) (Month/Day/Year)		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 of Indirect Form:	7. Nature Beneficial Direct (D) Ownership
				Code		Amount	(A) or (D)	Price		or Indirect (D) (Instr. 4)	(Instr. 4)

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

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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	র্ব 5. Number		6. Date Exercisable and	7. Title and Amount			8. Price of 9. Number of	10	11. Nature
Derivative	Conversion Date		Execution Date, if Transaction			of		Expiration Date		of Underlying		Derivative	Derivative	Ownership of Indirect
Security		or Exercise (Month/Day/Year) any		Code		Derivative		(Month/Day/Year)		Securities		Security	Securities	Form of	Beneficial
(Instr. 3)	Price of		(Month/Day/Year) (Instr. 8)			Securities				(Instr. 3 and 4)		(Instr. 5)	Beneficially	Derivative	Ownership
	Derivative					Acquired							Owned	Security:	(Instr. 4)
	Security					(A) or							Following	Direct (D)
						Disposed							Reported	or Indirect
						of (D)						Transaction(s)	(1)
						(Instr. 3, 4,							(Instr. 4)	(Instr. 4)
						and 5)
											Amount
											or
								Date	Expiration	Title	Number
								Exercisable	Date		of
				Code		(A)	(D				Shares
Restricted Stock Units	(1)	11/07/2017		A		667		(2)	(2)	Common Stock	667	\$ 0	25,667	D
Stock Appreciation Rights	\$63.35	11/07/2017		A		4,719		11/07/2017(3) 11/07/2023		Common Stock	4,719	\$ 0	30,386	D

Reporting Owners

	Relationships
Reporting Owner Name / Address		10% Owner Officer Director I		Other
Wolf Nir C/O ORMAT TECHNOLOGIES, INC. 6225 NEIL ROAD RENO, NV 89511			E.V.P. Market Develop.

Signatures

/s/ Etty Rosner **Signature of Reporting Person

11/14/2017 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. 18tf(a).

(1) Each restricted stock unit represents the right to receive one share of ORA common stock upon vesting.

11/14/2017

Document Contents

(2) The restricted stock units vest 25% on each of the one, two, three and four year anniversaries of the date of grant.

(3) The stock appreciation rights vest 25% on each of the one, two, three and four year anniversaries of the date of grant.

Remarks:

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

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

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