ORMAT TECHNOLOGIES, INC. — Director's Dealing 2018

Nov 9, 2018

SEC Form 4
FORM 4				UNITED STATES SECURITIES AND EXCHANGE COMMISSION												OMB APPROVAL
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See					Washington, D.C. 20549 OMB Number: STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP hours per response: Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934												3235-0287 Estimated average burden 0.5
Instruction 1(b).								or Section 30(h) of the Investment Company Act of 1940
1. Name and Address of Reporting Person* Barniv Ravit				2. Issuer Name and Ticker or Trading Symbol ORMAT TECHNOLOGIES, INC. [ ORA ]									5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner
(Last) (First) (Middle) C/O ORMAT TECHNOLOGIES, INC. 6140 PLUMS ST.				3. Date of Earliest Transaction (Month/Day/Year) 11/07/2018									Officer (give title Other (specify below) below)
(Street) RENO NV 89519-6075				4. If Amendment, Date of Original Filed (Month/Day/Year)									6. Individual or Joint/Group Filing (Check Applicable Line) 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 if any	Execution Date, (Month/Day/Year)	3. Transaction Code (Instr. 8)		Disposed Of (D) (Instr. 3, 4 and 5)		4. Securities Acquired (A) or		5. Amount of Securities Beneficially Owned	6. Ownership Form: Direct (D) or	7. Nature of Indirect Beneficial Ownership
									Code	V	Amount	(A) or (D)	Price	Reported	Following Transaction(s) (Instr. 3 and 4)	Indirect (I) (Instr. 4)	(Instr. 4)
Common Stock				11/07/2018					M		1,526(1)	A	\$0(1)		1,526	D
Common Stock				11/07/2018			S		767(2)	D	\$52.01		759	D
			Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
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)	(e.g., puts, calls, warrants, options, convertible securities) 4. 5. Number Transaction of Code (Instr. Derivative 8) 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	Date	Expiration	Title	Amount or Number of Shares
Restricted Stock Units	(1)	11/07/2018		M			1,526	11/07/2018 (1)		(1)	Common Stock	1,526	\$0		0	D
Restricted Stock Units	(3)	11/07/2018		A	V		1,825	11/07/2019 (3)		(3)	Common Stock	1,825	\$0		1,825	D
Stock Appreciation right	\$53.16	11/07/2018		A	V		1,621	11/07/2019 (4)		11/07/2024 (4)	Common Stock	1,621	\$0		1,621	D

Explanation of Responses:

1. Each restricted stock unit represent the right to receive per share of ORA common stock upon vesting. The restricted stock units (The "RSUs") vested on November 7, 2018, the one-year anniversary of the date of grant.

2. Represents shares of common stock sold in the open market on November 7, 2018, in order to satisfy the reporting person's tax withholding obligation in connection with the vesting of the RSUs

3. Each restricted stock unit represent the right to receive per share of ORA common stock upon vesting. The restricted stock units (The "RSUs") will vest (100%) on November 7, 2019, one-year anniversary of the date of grant.

4. The stock appreciation rights vest 100% on the one-year anniversary of the date of grant.

/s/ Etty Rosner, as attorney-in
fact	11/08/2018

** 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).

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