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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.