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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 | |
|---|---|
| ------------ | -- |
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
| OMB APPROVAL | |
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| 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 |
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| (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 |
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| 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 |
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| 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) |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Code | V | (A) (D) | Date Exercisable |
Expiration Date |
Title | Amount or Number of Shares |
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| 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:
- 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.