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ORMAT TECHNOLOGIES, INC. Director's Dealing 2020

Nov 9, 2020

6968_rns_2020-11-09_17041007-1fc1-4dcb-8621-836e4bcc5bce.pdf

Director's Dealing

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FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

OMB APPROVAL
3235-0287
Estimated average burden
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*
Krieger Zvi
2. Issuer Name and Ticker or Trading Symbol
ORMAT TECHNOLOGIES, INC.
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director
10% Owner
(Last)
(First)
(Middle)
[ ORA ] X below) Officer (give title below) Other (specify
C/O ORMAT TECHNOLOGIES, INC.
6140 PLUMAS ST.
3. Date of Earliest Transaction (Month/Day/Year)
11/07/2020
EVP- Electricty Segment
(Street)
RENO
NV
89519-6075
4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable
Line)
X
Form filed by One Reporting Person
Form filed by More than One Reporting
(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)
if any 2A. Deemed
Execution Date,
(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
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 334(1)
M
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.
Number
of
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)
Code V (A) (D) Date
Exercisable
Expiration
Date
Title Amount
or
Number
of
Shares
Restricted
Stock
(1) 11/07/2020 M 334 11/07/2018 (1) 11/07/2021
(1)
Common
Stock
334 \$0(1) 335 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).

** 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.