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ORMAT TECHNOLOGIES, INC. — Director's Dealing 2018
Nov 9, 2018
6968_rns_2018-11-09_1f2d511f-da64-4e70-b765-6c0de5556aeb.pdf
Director's Dealing
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| SEC Form 4 | |||||||||||||||||
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| FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 |
OMB APPROVAL OMB Number: 3235-0287 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 |
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP | Estimated average burden hours per response: |
0.5 | ||||||||||||||
| Instruction 1(b). | obligations may continue. See | Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| 1. Name and Address of Reporting Person* Argas Shlomi |
2. Issuer Name and Ticker or Trading Symbol ORMAT TECHNOLOGIES, INC. [ ORA ] |
5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner |
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| (Last) 6140 PLUMS ST |
(First) | C/O ORMAT TECHNOLOGIES, INC. | (Middle) | 3. Date of Earliest Transaction (Month/Day/Year) 11/07/2018 |
X | below) | Officer (give title | Other (specify below) EVP, Product Segment |
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| (Street) RENO NV 89519 |
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 |
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| (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 (A) Transaction or Disposed Of (D) (Instr. Code (Instr. 3, 4 and 5) 8) |
Owned | 5. Amount of Securities Beneficially |
6. Ownership Form: Direct (D) or |
7. Nature of Indirect Beneficial Ownership |
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| Code | V | Amount | (A) or (D) |
Following Reported Price |
Transaction(s) (Instr. 3 and 4) |
Indirect (I) (Instr. 4) |
(Instr. 4) | ||||||||||
| Common Stock | 11/07/2018 | M | 334(1) | A | \$0(1) | 334 | D | ||||||||||
| Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) |
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| 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) |
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| Code V | (A) | (D) | Date Exercisable |
Date | Expiration | Title | Amount or Number of Shares |
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| Restricted Stock Units |
(1) | 11/07/2018 | M | 334 | 11/07/2018 (1) |
11/07/2021 (1) |
Common Stock |
334 | \$0(1) | 1,003 | D |
Explanation of Responses:
- Each restricted stock unit represent the right to receive per share of ORA common stock upon vesting. The restricted stock units vest 25% on each of the one, two, three and four year anniversaries of the date of grant (November 7, 2017).
| /s/ Etty Rosner-as attorney-in | ||||
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| 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).
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.