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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 | |||||||||
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| OMB Number: 3235-0287 |
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| 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 | ||||||||||||||||
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| 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) |
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| [ 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 |
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| Beneficially Owned |
Form: Direct (D) or Indirect (I) (Instr. 4) |
Beneficial Ownership (Instr. 4) |
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| (A) | Following Reported |
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| Code | V | Amount | or (D) |
Price | Transaction(s) (Instr. 3 and 4) |
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| 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 |
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| 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) |
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| Security | (A) or Disposed |
(Instr. 3 and 4) | Owned Following |
(I) (Instr. 4) | ||||||||||||
| of (D) | (Instr. 3, 4 | Reported Transaction |
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| 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
- 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