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ORMAT TECHNOLOGIES, INC. Director's Dealing 2017

Nov 12, 2017

6968_rns_2017-11-12_2015b58a-844a-4e7d-a19c-528fdc30bd57.pdf

Director's Dealing

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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 Expires: February 28, 2018 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 * Blachar, Doron 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) CFO (Last) (First) (Middle) c/o Ormat Technologies, Inc. 6225 Neil Road 3. Date of Earliest Transaction (Month/Day/Year) 11/07/2017 (Street) 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) 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

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.
Transaction
Code
(Instr. 8)
5. Number of
Derivative
Securities
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 9,671 (2) (2) Common
Stock
9,671 0 52,171 D
Stock
Appreciation
Rights
\$63.35 11/07/2017 A 68,252 11/07/2019
(3)
11/07/2023 Common Stock 68,252 0 120,423 D

Reporting Owners

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

Signatures

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

Explanation of Responses:

(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. Blachar pursuant to a power of attorney dated April 2, 2013.

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.

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 control number.

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