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ORMAT TECHNOLOGIES, INC. Director's Dealing 2020

Nov 9, 2020

6968_rns_2020-11-09_30429c30-fd90-4214-9947-c56aec10602b.pdf

Director's Dealing

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SEC Form 4
------------ --

Restricted Stock Units

Explanation of Responses:

anniversary of the date of grant.

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*
STERN STANLEY
2. Issuer Name and Ticker or Trading Symbol
ORMAT TECHNOLOGIES, INC.
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[ ORA ] X Director 10% Owner
(Last) (Middle) below) Officer (give title below) Other (specify
(First)
C/O ORMAT TECHNOLOGIES, INC.
3. Date of Earliest Transaction (Month/Day/Year)
11/07/2020
6140 PLUMS ST. 4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable
(Street) Line)
RENO NV 89519-6075 X Form filed by One Reporting Person
Person Form filed by More than One Reporting
(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
3.
4. Securities Acquired
5. Amount of
6.
7. Nature
(Month/Day/Year) Transaction
Code (Instr.
8)
(A) or Disposed Of (D)
(Instr. 3, 4 and 5)
Securities
Beneficially
Owned
Ownership
Form:
Direct (D)
of Indirect
Beneficial
Ownership
Code
V
(A) Following
Reported
or Indirect
(I) (Instr. 4)
(Instr. 4)
Amount or
(D)
Price Transaction(s)
(Instr. 3 and 4)
Common Stock 11/07/2020 M 1,256 A \$0(1) 4,607 D
(1)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of
Derivative
2.
Conversion
or Exercise
Price of
Derivative
3. Transaction
Date
3A. Deemed
Execution Date,
if any
(Month/Day/Year)
4.
Transaction
Code (Instr.
8)
of 5. Number 6. Date Exercisable and 7. Title and
Amount of
8. Price of
9. Number
Derivative
of
10.
Ownership
11. Nature
of Indirect
Beneficial
Security (Month/Day/Year) Derivative Expiration Date
(Month/Day/Year)
Securities Security derivative Form:
(Instr. 3) Acquired Securities Underlying
Derivative Security
(Instr. 5) Securities
Beneficially
Direct (D)
or Indirect
Ownership
(Instr. 4)
Security (A) or
Disposed
(Instr. 3 and 4) Owned
Following
(I) (Instr. 4)
of (D)
(Instr. 3, 4
Reported
Transaction
and 5) (s) (Instr. 4)

* 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).

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

(1) 11/07/2020 M 1,256 11/07/2020 (1)

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Code V (A) (D)

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.

  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

Date Exercisable Expiration Date Title

11/07/2020 (1)

Common

Amount or Number of Shares

/s/ Etty Rosner- as attorney-

in-fact 11/09/2020 ** Signature of Reporting Person Date

Stock 1,256 \$00 D