AI assistant
ORMAT TECHNOLOGIES, INC. — Director's Dealing 2017
Nov 12, 2017
6968_rns_2017-11-12_2015b58a-844a-4e7d-a19c-528fdc30bd57.pdf
Director's Dealing
Open in viewerOpens in your device viewer

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.
Proof created by RDG16.com, a service of RDG Filings