ORMAT TECHNOLOGIES, INC. — Director's Dealing 2020

Jun 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORMAT TECHNOLOGIES, INC. (ORA)
CIK: 0001296445
Period of Report: 2020-06-15

Reporting Person: Argas Shlomi (EVP, Product Segment)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-15	Stock Appreciation Rights	$69.14	A	20808	Acquired	2026-06-15	Common stock (20808)	Direct
2020-06-15	Restricted Stock Units	$	A	2760	Acquired		Common stock (2760)	Direct
2020-06-15	Performance Stock Units	$	A	2885	Acquired		Common stock (2885)	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 represents 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