ORMAT TECHNOLOGIES, INC. — Director's Dealing 2018

Nov 8, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORMAT TECHNOLOGIES, INC. (ORA)
CIK: 0001296445
Period of Report: 2018-11-07

Reporting Person: Freeland Todd C. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-11-07	Common Stock	M	763	—	Acquired	763	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-11-07	Restricted Stock Units	$	M	763	Disposed		Common Stock (763)	Direct
2018-11-07	Restricted Stock Units	$	A	2738	Disposed		Common Stock (2738)	Direct
2018-11-07	Stock Appreciation right	$53.16	A	2431	Disposed	2024-11-07	Common Stock (2431)	Direct

Footnotes

F1: Each restricted stock unit represent the right to receive per share of ORA common stock upon vesting. The restricted stock units vested on November 7, 2018, the one-year anniversary of the date of grant.

F2: Each restricted stock unit represent the right to receive per share of ORA common stock upon vesting. The restricted stock units (The "RSUs") will vest (100%) on November 7, 2019, one-year anniversary of the date of grant.

F3: The stock appreciation rights vest 100% on the one-year anniversary of the date of grant.