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ORMAT TECHNOLOGIES, INC. Director's Dealing 2020

Nov 9, 2020

6968_rns_2020-11-09_1474412b-e116-40b4-89fb-8ab5f9a98ea1.pdf

Director's Dealing

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SEC Form 4
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FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Check this box if no longer subject 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*
FALK DAN
2. Issuer Name and Ticker or Trading Symbol
ORMAT TECHNOLOGIES, INC.
[ ORA ]
(Check all applicable)
Director
5. Relationship of Reporting Person(s) to Issuer
10% Owner
(Last) (First)
C/O ORMAT TECHNOLOGIES, INC.
6140 PLUMS ST.
3. Date of Earliest Transaction (Month/Day/Year)
11/07/2020
Officer (give title
below)
Other (specify
(Street)
RENO
(City)
NV 89519-6075
(State)
(Zip)
4. If Amendment, Date of Original Filed (Month/Day/Year) Line)
X
Person 6. Individual or Joint/Group Filing (Check Applicable
Form filed by One Reporting Person
Form filed by More than One Reporting
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction
2A. Deemed
Date
(Month/Day/Year)
if any
3.
Execution Date,
Transaction
Code (Instr.
(Month/Day/Year)
8)
4. Securities Acquired
(A) or Disposed Of (D)
(Instr. 3, 4 and 5)
5. Amount of
Securities
Beneficially
Owned
6.
Ownership
Form:
Direct (D)
7. Nature
of Indirect
Beneficial
Ownership
Code V Amount (A)
or
(D)
Price Following
Reported
Transaction(s)
(Instr. 3 and 4)
or Indirect
(I) (Instr. 4)
(Instr. 4)
Common Stock 11/07/2020 M 1,256
(1)
A \$0(1) 2,923 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of
2.
3. Transaction
3A. Deemed
Derivative
Conversion
Date
Execution Date,
Security
or Exercise
(Month/Day/Year)
if any
4.
5. Number
Transaction
of
Expiration Date
Code (Instr.
Derivative
(Month/Day/Year)
6. Date Exercisable and
7. Title and
Amount of
Securities
8. Price of
Derivative
Security
9. Number
of
derivative
10.
Ownership
Form:
11. Nature
of Indirect
Beneficial
(Instr. 3) Price of
Derivative
Security
(Month/Day/Year) 8) Securities
Acquired
(A) or
Disposed
of (D)
(Instr. 3, 4
and 5)
Underlying
Derivative Security
(Instr. 3 and 4)
(Instr. 5) Securities
Beneficially
Owned
Following
Reported
Transaction
(s) (Instr. 4)
Direct (D)
or Indirect
(I) (Instr. 4)
Ownership
(Instr. 4)
Code V (A) (D) Date
Exercisable
Expiration
Date
Title Amount
or
Number
of
Shares
Restricked
Stock
Units
(1) 11/07/2020 M 1,256 11/07/2020 (1) 11/07/2020
(1)
Common
Stock
1,256 \$0 0 D

Explanation of Responses:

  1. 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, 2020, the one-year anniversary of the date of grant.
/s/ Etty Rosner- as attorney
in-fact 11/09/2020

** Signature of Reporting Person Date

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.