ORMAT TECHNOLOGIES, INC. — Director's Dealing 2020

Jul 6, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORMAT TECHNOLOGIES, INC. (ORA)
CIK: 0001296445
Period of Report: 2020-07-01

Reporting Person: Blachar Doron (Chief Executive Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-07	Stock Appreciation Right	$63.40	A	45365	Acquired	2026-01-07	Common stock (45365)	Direct
2020-01-07	Restricted Stock Units	$	A	6020	Acquired		Common stock (6020)	Direct
2020-01-07	Performance Stock Units	$	A	6540	Acquired		Common stock (6540)	Direct

Footnotes

F1: The stock appreciation rights vest 50% on the second anniversary of the grant date and 25% on each third and fourth anniversaries of the date of grant.

F2: Each restricted stock unit represents the right to receive one share of ORA common stock upon vesting.

F3: The restricted stock units vest 50% on the second anniversary of the grant date and 25% on each third and fourth anniversaries of the date of grant.

F4: Each Performance Stock Unit represent the right to receive one share of ORA common stock upon vesting

F5: The Performance stock units vest 50% on the second anniversary of the grant date and 25% on each third and fourth anniversaries of the date of grant