ORMAT TECHNOLOGIES, INC. — Director's Dealing 2017

Nov 12, 2017

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

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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
(Last) c/o Ormat Technologies, Inc.	(First)	(Middle)	3. Date of Earliest Transaction (Month/Day/Year)					X Officer (give title below) Other (specify below) CEO
6225 Neil Road			11/07/2017
		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
Reno NV 89511									___ 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)	7. Nature of Indirect Beneficial Ownership
				Code		V Amount	(A) or (D)	Price		or Indirect (I) (Instr. 4)	(Instr. 4)

			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. 5. Number of Transaction Derivative Code Securities (Instr. 8) Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)			6. Date Exercisable and Expiration Date (Month/Day/Year)		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)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code V		(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares		(Instr. 4)	(Instr. 4)
Restricted Stock Units	(1)	11/07/2017		A		34,500		(2)	(2)	Common Stock	34,500	0	177,000	D
Stock Appreciation Rights	\$63.35	11/07/2017		A		243,300		11/07/2018 (3)	11/07/2023 Common	Stock	243,300	0	420,300	D

Reporting Owners

Reporting Owner Name / Address	Relationships
		Director 10% Owner Officer Other
Angel, Isaac c/o Ormat Technologies, Inc. 6225 Neil Road Reno NV 89511			CEO

Signatures

/s/ Etty Rosner	11/09/2017
**Signature of Reporting Person	Date

Explanation of Responses:

• (1) Each restricted stock unit represents the right to receive one share of ORA common stock upon vesting.
• (2) The restricted stock units vest 22%, 22%, 28% and 28%, respectively, on the one, two, three and four year anniversaries of the date of grant.
• (3) The stock appreciation rights vest 22%, 22%, 28% and 28%, respectively, on the one, two, three and four year anniversaries of the date of grant.

Remarks:

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

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.

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