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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:

  1. 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.