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ORMAT TECHNOLOGIES, INC. — Director's Dealing 2019
Nov 12, 2019
6968_dirs_2019-11-12_c2280577-3a59-4a00-91aa-2940c420da31.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: ORMAT TECHNOLOGIES, INC. (ORA)
CIK: 0001296445
Period of Report: 2019-11-07
Reporting Person: SHARIR DAFNA (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-11-07 | Common Stock | M | 1825 | — | Acquired | 2260 | Direct |
| 2019-11-07 | Common Stock | S | 917 | $77.51 | Disposed | 1343 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-11-07 | Restricted Stock Units | $ | M | 1825 | Disposed | 2019-11-07 | Common Stock (1825) | Direct |
| 2019-11-07 | Restricted Stock Units | $ | A | 1256 | Acquired | Common Stock (1256) | Direct | |
| 2019-11-07 | Stock Appreciation right | $76.87 | A | 1210 | Acquired | 2025-11-06 | Common Stock (1210) | Direct |
Footnotes
F1: 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, 2019, the one-year anniversary of the date of grant.
F2: 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, 2020, the one- year anniversary of the date of grant.
F3: The stock appreciation rights vest 100% on the one-year anniversary of the date of grant.
F4: The Reporting Person is amending the Form 4 filed on November 8, 2019, which, due to administrative error, inadvertently reported grants of 1,256 restricted stock units and 1,210 stock appreciation rights as dispositions rather than acquisitions; and to report the sale of shares of common stock sold in the open market on November 7, 2019, in order to satisfy the reporting person's tax withholding obligation in connection with the vesting of the RSUs.