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ORMAT TECHNOLOGIES, INC. Director's Dealing 2017

Sep 27, 2017

6968_rns_2017-09-27_467ad24a-83dd-4ce9-8b7a-c94be8f571fc.pdf

Director's Dealing

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Section 1: 4 (FORM 4)

longer subject to Section 16. Form 4 or Form 5

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

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

SEC 1474 (9-02)

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

oblications may - Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Problic Unities 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 -
Klein Erez
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)
ROAD
(First)
(Middle)
C/O ORMAT TECHNOLOGIES, INC., 6225 NEIL
3. Date of Earliest Transaction (Month/Day/Year)
09/26/2017
X_Officer (give title below)
Other (specify below)
S. V.P., Operations
(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) (Zip)
(State)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction
Date
(Month/Day/Year) any
2A. Deemed
Execution Date, if Code
(Month/Day/Year)
3. Transaction
(Instr. 8)
or Disposed of (D)
(Instr. 3, 4 and 5)
4. Securities Acquired (A) 5. Amount of Securities Beneficially
Owned Following Reported
Transaction(s)
(Instr. 3 and 4)
6
Form:
Direct (D)
7. Nature
Ownership of Indirect
Beneficial
Ownership
Code Amount (A) or
(D)
Price or Indirect
(D)
(Instr. 4)
(Instr. 4)
Common Stock 09/26/2017 M 9,753 A \$20.13 9,753 D
Common Stock 09/26/2017 S 9,753 D \$58.1 D
Common Stock 09/26/2017 M 8,315 A \$25.65 8,315 D
Common Stock 09/26/2017 S
\$58.1
8,315
D
0 D

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

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.

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 Date
Price of
Derivative
Security
3. Transaction
or Exercise (Month/Day/Year)
3A. Deemed
Execution Date, if Transaction Derivative
any
(Month/Day/Year) (Instr. 8)
4.
Code
5. Number of 6. Date Exercisable and
Expiration Date
Securities
(Month/Day/Year)
Acquired (A)
or Disposed
of (D)
(Instr. 3, 4,
and 5)
7. Title and Amount
of Underlying
Securities
(Instr. 3 and 4)
8. Price of 9. Number of
Derivative Derivative
Security
Securities
Beneficially
(Instr. 5)
Owned
Following
Reported
Transaction(s)
10.
Ownership of Indirect
Form of
Derivative Ownership
Security:
Direct (D)
or Indirect
(1)
11. Nature
Beneficial
(Instr. 4)
Code (A) (D) Date
Exercisable
Expiration
Date
Title Amount
or
Number
of
Shares
(Instr. 4) (Instr. 4)
Stock
Apprecaiation
Rights
(SAR"s)
\$25.65 09/26/2017 M 15.000 03/31/2012 03/31/2018 Common
Stock
8,315 \$ 0 97,500 D
Stock
Apprecaiation
Rights
(SAR"s)
\$20.13 09/26/2017 M 15,000 04/02/2013 04/02/2019 Common
Stock
9,753 \$ 0 82,500 D

Reporting Owners

Relationships
Reporting Owner Name / Address Director 10% Owner Officer Other
Klein Erez
IC/O ORMAT TECHNOLOGIES, INC.
6225 NEIL ROAD
RENO, NV 89511
S.V.P., Operations

Signatures

/s/ Ettv Rosner 09/27/2017
-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. 18tt(a).

Remarks:

Etty Rosner is signing on behalf of Mr. Klein pursuant to a power of attorney dated July 15, 2014.

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

Pocential pessons who are to respond to the collection of internation in this form are not required to respond mless the form displays a currently valid OMB number. (Back TQ