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ORMAT TECHNOLOGIES, INC. — Director's Dealing 2020
Nov 9, 2020
6968_rns_2020-11-09_e037ff67-beeb-4dfc-9198-322a021bef5d.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 | ||||||
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| OMB Number: 3235-0287 |
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| 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 | |||||||||||||||||
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| 1. Name and Address of Reporting Person* Argas Shlomi |
2. Issuer Name and Ticker or Trading Symbol ORMAT TECHNOLOGIES, INC. |
5. Relationship of Reporting Person(s) to Issuer (Check all applicable) |
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| [ ORA ] | X | Director below) |
Officer (give title | 10% Owner below) |
Other (specify | ||||||||||||
| (Last) (First) (Middle) C/O ORMAT TECHNOLOGIES, INC. 6140 PLUMAS ST |
3. Date of Earliest Transaction (Month/Day/Year) 11/07/2020 |
EVP, Product Segment | |||||||||||||||
| 4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line) |
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| (Street) RENO |
NV | 89519-6075 | X Form filed by One Reporting Person Form filed by More than One Reporting |
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| (City) | (State) | (Zip) | Person | ||||||||||||||
| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | |||||||||||||||||
| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) |
2A. Deemed Execution Date, if any (Month/Day/Year) |
3. Transaction Code (Instr. 8) |
4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) |
Owned | 5. Amount of Securities Beneficially |
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 | 334(1) | A | \$0(1) | 2,494 | D | ||||||||||
| Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned | (e.g., puts, calls, warrants, options, convertible securities) | ||||||||||||||||
| 1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security |
3. Transaction Date (Month/Day/Year) |
3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. of |
Number Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of derivative Securities Beneficially Owned Following Reported Transaction (s) (Instr. 4) |
10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial 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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| Restricted |
Explanation of Responses:
Stock Units
- Each restricted stock unit represent the right to receive per share of ORA common stock upon vesting. The restricted stock units vest 25% on each of the one, two, three- and four-year anniversaries of the date of grant (November 7, 2017).
11/07/2021 (1)
Common
| /s/ Etty Rosner- as attorney | |
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| in-fact | 11/09/2020 |
Stock 334 \$0(1) 335 D
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
(1) 11/07/2020 M 334 11/07/2018 (1)
* 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.