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ORMAT TECHNOLOGIES, INC. — Director's Dealing 2018
Jun 27, 2018
6968_dirs_2018-06-27_3d82fe0b-f5b5-4c16-be77-b5ed4f0a60e9.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ORMAT TECHNOLOGIES, INC. (ORA)
CIK: 0001296445
Period of Report: 2018-06-25
Reporting Person: Kattan Yehezkel (CCO & General Counsel)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-06-25 | Restricted Stock Units | $ | A | 3736 | Acquired | Common Stock (3736) | Direct | |
| 2018-06-25 | Stock Appreciation Rights | $53.44 | A | 26667 | Acquired | 2024-06-25 | Common Stock (26667) | Direct |
Footnotes
F1: Each restricted stock unit represents the right to receive one share of ORA common stock upon vesting.
F2: The restricted stock units vest over 4 years with 50% on the second annivarsary of the the grant date and 25% on each of the third and fourth anniversaries of the date of grant.
F3: The stock appreciation rights vest over 4 years with 50% on the second annivarsary of the the grant date and 25% on each of the third and fourth anniversaries of the date of grant
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