ORMAT TECHNOLOGIES, INC. — Director's Dealing 2017

Jul 16, 2017

SEC Form 4

FORM 4	UNITED STATES SECURITIES AND EXCHANGE COMMISSION					OMB APPROVAL
					Washington, D.C. 20549										OMB Number: 3235-0287 Estimated average burden
	Check this box if no longer subject to Section 16. Form 4 or Form 5			STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP										hours per response: 0.5
obligations may continue. See Instruction 1(b). 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* 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
(Last) (First) (Middle) C/O ORMAT TECHNOLOGIES, INC. 6225 NEIL ROAD					3. Date of Earliest Transaction (Month/Day/Year) 07/11/2017									Officer (give title Other (specify X below) below) CFO
					4. If Amendment, Date of Original Filed (Month/Day/Year)									6. Individual or Joint/Group Filing (Check Applicable Line)
(Street) RENO NV 89511														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)				Date	2. Transaction (Month/Day/Year)			2A. Deemed Execution Date, if any (Month/Day/Year)		3. Transaction or Disposed Of (D) (Instr. Code (Instr. 3, 4 and 5) 8)			4. Securities Acquired (A)		5. Amount of Securities Beneficially Owned Following	6. Ownership Form: Direct (D) or Indirect (I)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
										V	Amount	(A) or (D)	Price		Reported Transaction (s) (Instr. 3 and 4)	(Instr. 4)
Common Stock					07/11/2017						53,229	A	\$20.54	53,229		D
Common Stock					07/11/2017				M		9,271 A		\$24.57	62,500		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)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		Expiration Date (Month/Day/Year)	6. Date Exercisable and		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) (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	Amount or Number of Shares
Stock Option (Right to Buy)	\$20.54	07/11/2017		M			53,229	04/02/2015			04/02/2019 Common Stock	53,229	\$0		51,771	D
Stock Option (Right to Buy)	\$24.57	07/11/2017		M			9,271	02/09/2015			02/09/2019 Common Stock	9,271	\$0		42,500	D

Explanation of Responses:

Remarks:

Etty Rosner is signing on behalf of Mr. Blachar pursuant to a power of attorney dated April 2, 2013.

/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.