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ORMAT TECHNOLOGIES, INC. — Director's Dealing 2018
Jun 27, 2018
6968_dirs_2018-06-27_41aeecdc-b5de-4ac4-84e6-cb8db9a991c1.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: Argas Shlomi (EVP, Product Segment&oprations)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-06-25 | Restricted Stock Units | $ | A | 4320 | Acquired | Common Stock (4320) | Direct | |
| 2018-06-25 | Stock Appreciation Rights | $53.44 | A | 30833 | Acquired | 2024-06-25 | Common Stock (30833) | 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 four years with 50% on the second anniversary of the the date of grant and 25% on each of the third and fourth anniversaries of the date of grant.
F3: The stock appreciation rights vest over four years with 50% on the second anniversary of the the date of grant and 25% on each of the third and fourth anniversaries of the date of grant
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