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ORMAT TECHNOLOGIES, INC. — Director's Dealing 2018
Nov 22, 2018
6968_rns_2018-11-22_31332e6e-b971-4cde-9d88-fffc67b71fdd.pdf
Director's Dealing
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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
OMB APPROVAL OMB Number: 3235-0287 Estimated average burden
Check this box if no longer subject hours per response: 0.5 to Section 16. Form 4 or Form 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
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
| Nishigori Yuichi | 1. Name and Address of Reporting Person* | 2. Issuer Name and Ticker or Trading Symbol ORMAT TECHNOLOGIES, INC. [ ORA ] |
X | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director Officer (give title |
10% Owner | Other (specify | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (Last) 6140 PLUMS ST. |
(First) C/O ORMAT TECHNOLOGIES, INC. |
3. Date of Earliest Transaction (Month/Day/Year) 11/07/2018 |
below) | below) | ||||||||
| 4. If Amendment, Date of Original Filed (Month/Day/Year) 11/08/2018 |
6. Individual or Joint/Group Filing (Check Applicable Line) |
|||||||||||
| (Street) RENO |
NV | 89519-6075 | 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) | 2. Transaction Date (Month/Day/Year) |
2A. Deemed Execution Date, if any (Month/Day/Year) |
3. 4. Securities Acquired Transaction (A) or Disposed Of (D) Code (Instr. (Instr. 3, 4 and 5) 8) Code V Amount |
5. Amount of Securities Beneficially Owned Following |
6. Ownership Form: Direct (D) or Indirect (I) |
7. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||||
| (A) or (D) |
Price | Reported Transaction(s) (Instr. 3 and 4) |
(Instr. 4) | |||||||||
| 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) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
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 Appreciation Right (SAR) |
\$53.16 | 11/07/2018 | A | 1,621 | 11/07/2019 (1) | 11/07/2024 Common | Stock | 1,621 | \$0 | 1,621 | D |
Explanation of Responses:
- The stock appreciation rights vest 100% on the one-year anniversary of the date of grant.
Remarks:
This amendment is being filed to state that the reporting person declined the grant of, and thus was deemed never to have acquired, the restricted stock units ("RSUs") reported in the reporting person's Form 4 filed on November 8, 2018. The award of RSUs was subsequently cancelled for no value, and the reporting person received no consideration in connection with the cancellation.
| /s/ Etty Rosner- as attorney | 11/21/2018 | ||
|---|---|---|---|
| in-fact | |||
** 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.