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ORMAT TECHNOLOGIES, INC. Director's Dealing 2020

Nov 9, 2020

6968_rns_2020-11-09_896b9fb2-7fe7-41e0-b82b-baaaa386ecc3.pdf

Director's Dealing

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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*
Blachar Doron
2. Issuer Name and Ticker or Trading Symbol
ORMAT TECHNOLOGIES, INC.
[ ORA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
(Last) (Middle) X Officer (give title
below)
below) Other (specify
(First)
C/O ORMAT TECHNOLOGIES, INC.
3. Date of Earliest Transaction (Month/Day/Year)
11/07/2020
Chief Executive Officer
6140 PLUMS ST.
(Street) 4. If Amendment, Date of Original Filed (Month/Day/Year) Line) 6. Individual or Joint/Group Filing (Check Applicable
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
(Month/Day/Year)
3.
4. Securities Acquired
Transaction
(A) or Disposed Of (D)
Code (Instr.
(Instr. 3, 4 and 5)
8)
5. Amount of
Securities
6.
Ownership
Form:
Direct (D)
7. Nature
of Indirect
Beneficial
Ownership
Beneficially
Owned
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 2,418
(1)
A \$0(1) 7,254 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

(Instr. 3, 4 and 5) Transaction (s) (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Restricted Stock (1) 11/07/2020 M 2,418 11/07/2018 (1) 11/07/2021 (1) Common Stock 2,418 \$0(1) 2,417 D

Explanation of Responses:

Units

  1. 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).
/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.