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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