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ORMAT TECHNOLOGIES, INC. — Director's Dealing 2019
Nov 13, 2019
6968_rns_2019-11-13_cadb6f50-bf95-48f6-8032-0419ea2bb1b0.pdf
Director's Dealing
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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
OMB APPROVAL OMB Number: 3235-0287 Estimated average burden
Check this box if no longer subject hours per response: 0.5 to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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* | 2. Issuer Name and Ticker or Trading Symbol ORMAT TECHNOLOGIES, INC. [ ORA ] |
5. Relationship of Reporting Person(s) to Issuer (Check all applicable) |
||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Koyanagi Stan | X | Director | 10% Owner | |||||||||||||
| (Last) | (First) | C/O ORMAT TECHNOLOGIES, INC. | (Middle) | 3. Date of Earliest Transaction (Month/Day/Year) 11/07/2019 |
below) | Officer (give title | below) | Other (specify | ||||||||
| 6140 PLUMS ST. | 4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable | ||||||||||||||
| (Street) RENO |
NV | 89519-6075 | 11/08/2019 | Line) | 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 2A. Deemed Date Execution Date, (Month/Day/Year) if any (Month/Day/Year) |
3. 4. Securities Acquired Transaction (A) or Disposed Of (D) Code (Instr. (Instr. 3, 4 and 5) 8) |
Securities Owned |
5. Amount of Beneficially |
6. Ownership Form: Direct (D) or |
7. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||||||||
| Code V Amount |
(A) or (D) |
Price | Following Reported |
Transaction(s) (Instr. 3 and 4) |
Indirect (I) (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 Derivative Securities Acquired (A) or Disposed of (D) (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 9. Number Derivative of Security derivative (Instr. 5) 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 | Number of Shares |
||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Right (SAR) |
\$76.87 | 11/07/2019 | A | 1,210 (2) |
11/07/2020 (1) |
11/06/2025 Common | Stock | 1,210 | \$0 | 1,210 | D | ||
| Explanation of Responses: |
-
The stock appreciation rights vest 100% on the one-year anniversary of the date of grant.
-
The Reporting Person is amending the Form 4 filed on November 8, 2019, which, due to administrative error, inadvertently reported grants of 1,210 stock appreciation rights as dispositions rather than acquisitions.
| /s/ Etty Rosner- as attorney | 11/12/2019 | |||
|---|---|---|---|---|
| in-fact | ||||
| ** Signature of Reporting Person | Date |
Amount or
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.