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ORMAT TECHNOLOGIES, INC. Director's Dealing 2017

Jul 16, 2017

6968_rns_2017-07-16_3df75775-f942-4386-a26b-0275f7755651.pdf

Director's Dealing

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FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

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

OMB APPROVAL

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person*
Beck Gillon
2. Issuer Name and Ticker or Trading Symbol
ORMAT TECHNOLOGIES, INC.
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X
Director
10% Owner
(Last)
(First)
(Middle)
C/O ORMAT TECHNOLOGIES, INC.
[ ORA ]
3. Date of Earliest Transaction (Month/Day/Year)
07/11/2017
Officer (give title
Other (specify
below)
below)
6225 NEIL ROAD 4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable
(Street)
RENO
NV
89511
Line)
X
Form filed by One Reporting Person
Form filed by More than One Reporting
(City)
(State)
(Zip)
Person
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
6.
Ownership
Form:
Direct (D)
or Indirect
7. Nature
of Indirect
Beneficial
Ownership
(Instr. 4)
Code V (A)
Amount
or
(D)
Price Reported
Transaction
(s) (Instr. 3
and 4)
(I) (Instr. 4)
Common Stock 07/11/2017 M 7,500 A \$18.56 7,500 D
Common Stock 07/11/2017 M 7,500 A \$19.69 15,000 D
Common Stock 07/11/2017 M 7,500 A \$26.7 22,500 D
Common Stock 07/11/2017 M 7,500 A \$28.23 30,000 D
Common Stock 07/11/2017 M 7,500 A \$38.24 37,500 D
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)
of
(A) or
of (D)
and 5)
5. Number
Derivative
Securities
Acquired
Disposed
(Instr. 3, 4
6. Date Exercisable and
Expiration Date
(Month/Day/Year)
7. Title and
Amount of
Securities
Underlying
Derivative Security
(Instr. 3 and 4)
Security
(Instr. 5)
8. Price of
Derivative
9. Number
of
derivative
Securities
Beneficially
Owned
Following
Reported
Transaction
(s) (Instr. 4)
10.
Ownership
Form:
Direct (D)
or Indirect
(I) (Instr. 4)
11. Nature
of Indirect
Beneficial
Ownership
(Instr. 4)
Code V (A) (D) Date
Exercisable
Expiration
Date
Title or
of
Shares
Amount
Number
Non
Qualified
Stock
Option
(Right to
Buy)
\$18.56 07/11/2017 M 7,500 11/06/2013 11/06/2019 Common
Stock
7,500 \$0 37,500 D
Non
Qualified
Stock
Option
(Right to
Buy)
\$19.69 07/11/2017 M 7,500 08/02/2013 08/01/2019 Common
Stock
7,500 \$0 30,000 D
Non
Qualified
Stock
Option
(Right to
Buy)
\$26.7 07/11/2017 M 7,500 11/05/2014 11/05/2020 Common
Stock
7,500 \$0 22,500 D
Non
Qualified
Stock
Option
(Right to
Buy)
\$28.23 07/11/2017 M 7,500 11/05/2015 11/05/2021 Common
Stock
7,500 \$0 15,000 D
Non
Qualified
Stock
Option
(Right to
Buy)
\$38.24 07/11/2017 M 7,500 11/03/2016 11/03/2022 Common
Stock
7,500 \$0 7,500 D

Explanation of Responses:

Remarks:

Etty Rosner is signing on behalf of Mr.Beck pursuant to a power of attorney dated June 1, 2012.

/s/ Etty Rosner 07/13/2017
** Signature of Reporting Person Date

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.

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 Number.