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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 |
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| 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 |
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| (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 |
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| (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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| 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) |
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| 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 (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) |
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| Code | V | (A) | (D) | Date Exercisable |
Expiration Date |
Title | Amount or Number of Shares |
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| 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:
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Each restricted stock unit represents the right to receive one share of ORA common stock upon vesting
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The restricted stock units vest 100% November 7, 2018
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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.