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ORMAT TECHNOLOGIES, INC. Director's Dealing 2020

Jun 25, 2020

6968_rns_2020-06-25_7016fadb-6b2e-4950-83a3-a1c4a729899e.pdf

Director's Dealing

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Restricted Stock Units

Explanation of Responses:

three and four year anniversaries of the date of grant (June 25, 2018).

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

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*
Kattan Yehezkel
2. Issuer Name and Ticker or Trading Symbol
ORMAT TECHNOLOGIES, INC.
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[ ORA ] Director 10% Owner
(Last) (First) (Middle) X below) Officer (give title below) Other (specify
3. Date of Earliest Transaction (Month/Day/Year) General Counsel & CCO
C/O ORMAT TECHNOLOGIES, INC.
6140 PLUMAS ST.
06/25/2020
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
Date
(Month/Day/Year)
2A. Deemed
Execution Date,
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
7. Nature
of Indirect
Beneficially
Owned
Form:
Direct (D)
or Indirect
(I) (Instr. 4)
Beneficial
Ownership
(Instr. 4)
(A) Following
Reported
Code V Amount or
(D)
Price Transaction(s)
(Instr. 3 and 4)
1,868
Common Stock 06/25/2020
M
(1)
A \$0(1) 1,868 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of
Derivative
2.
Conversion
3. Transaction
Date
3A. Deemed
Execution Date,
4.
5. Number
Transaction
of
6. Date Exercisable and
7. Title and
Amount of
8. Price of 9. Number
of
10.
Ownership
11. Nature
of Indirect
Security
or Exercise
(Month/Day/Year)
if any
Code (Instr. Expiration Date
Derivative
(Month/Day/Year)
Securities Derivative
Security
derivative Form: Beneficial
(Instr. 3) Price of
Derivative
(Month/Day/Year) 8) 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)

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

(1) 06/25/2020 M 1,868 06/25/2020 (1)

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

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.

Date Exercisable

  1. Each restricted stock unit represent the right to receive per share of ORA common stock upon vesting. The restricted stock units vest 50% on the second year anniversary and 25% on each of the

Expiration Date Title

06/25/2024 (1)

Common

Amount or Number of Shares

/s/ Etty Rosner- as attorney-

in-fact 06/25/2020 ** Signature of Reporting Person Date

Stock 1,868 \$0(1) 1,868 D