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ORMAT TECHNOLOGIES, INC. Director's Dealing 2018

May 13, 2018

6968_rns_2018-05-13_8cd367a7-1cc3-4b46-80b6-e34c5bf10071.pdf

Director's Dealing

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SEC Form 4

OMB APPROVAL

Instruction 1(b). Check this box if no longer subject
to Section 16. Form 4 or Form 5
obligations may continue. See
OMB Number:
3235-0287
Estimated average burden
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
hours per response:
0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
1. Name and Address of Reporting Person*
SHARIR DAFNA
2. Issuer Name and Ticker or Trading Symbol
ORMAT TECHNOLOGIES, INC. [ ORA ]
(Check all applicable)
Director
5. Relationship of Reporting Person(s) to Issuer
10% Owner
(Last)
(First)
(Middle)
C/O ORMAT TECHNOLOGIES, INC.
6225 NEIL ROAD
3. Date of Earliest Transaction (Month/Day/Year)
05/08/2018
Officer (give title
below)
below) Other (specify
(Street)
RENO
NV
89511
4. If Amendment, Date of Original Filed (Month/Day/Year) Line) 6. Individual or Joint/Group Filing (Check Applicable
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.
Transaction
Code (Instr.
8)
Code
V
4. Securities Acquired
(A) or Disposed Of (D)
(Instr. 3, 4 and 5)
(A)
Amount
or
(D)
Price 5. Amount of
Securities
Beneficially
Owned
Following
Reported
Transaction(s)
(Instr. 3 and 4)
6.
Ownership
Form:
Direct (D) or
Indirect (I)
(Instr. 4)
7. Nature
of Indirect
Beneficial
Ownership
(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
(A) or
of (D)
and 5)
Derivative
Securities
Acquired
Disposed
(Instr. 3, 4
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
Restricted
Stock Units
(1) 05/08/2018 A 874 (2) (2) Common
stock
874 \$0 874 D
Stock
Appreciation
\$55.16 05/08/2018 A 772 11/07/2018 (3) 11/07/2023 Common

FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Explanation of Responses:

  1. Each restricted stock unit represents the right to receive one share of ORA common stock upon vesting

  2. The restricted stock units vest 100% November 7, 2018

  3. The stock appreciation rights vest 100% on November 7, 2018

Remarks:

Appreciation Rights

Etty Rosner is signing on behalf of Mrs. Sharir pursuant to a power of attorney dated May 7, 2018

/s/ Etty Rosner 05/10/2018

** Signature of Reporting Person Date

stock 772 \$0 1,646 D

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.