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ORMAT TECHNOLOGIES, INC. Director's Dealing 2021

Dec 15, 2021

6968_rns_2021-12-15_1f770739-57fd-423b-8c59-74d3e359540f.pdf

Director's Dealing

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FORM 4
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[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

,

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility (Print or Type Responses) Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

1.
Name and Address of Reporting Person*
2.
Issuer Name and
Ticker or Trading Symbol
5.
Relationship of Reporting Person(s)
to Issuer
(Check all applicable)
Argas Shlomi Ormat Technologies, Inc. [ORA] Director
Officer (give
10% Owner
Other (specify
(Last)
(First)
(Middle)
c/o Ormat Technologies, Inc.
6140 Plumas St
3. Date of Earliest Transaction Required
to be Reported (Month/Day/Year)
12/13/2021
4.
If Amendment, Date Original Filed
(Month/Day/Year)
X
title below)
below)
President
RENO (Street)
NEVADA
89519-6075 6. Individual or Joint/Group Filing
(Check Applicable Line)
X
Form filed by One Reporting Person
Form filed by More than One Reporting Person
(City) (State) (Zip) Table I —
Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.
Title of Security
(Instr. 3)
2. Trans
2A. Deemed
action
Execution
Date
Date,
3.
Transaction
4.
Securities Acquired (A)
Code (Instr. 8)
or Disposed of (D)
(Instr. 3, 4 and 5)
5.
Amount of
Securities
Beneficially
6.
Owner
ship
Form:
7.
Nature
of In
direct
(Month/
Day/
Year)
if any
(Month/
Day/
Year)
Code V Amount (A) or
(D)
Price Owned
Following
Reported
Transaction(s)
(Instr. 3 and 4)
Direct (D)
or
Indirect
(I)
(Instr. 4)
Bene
ficial
Owner
ship
(Instr. 4)
Common Stock 12/13/2021 M 4,758 A \$42.87 4,758 D
Common Stock 12/13/2021 D 2,641
(1)
D \$79.66 2,117 D
Common Stock 12/13/2021 S 2,117
(1)
D \$80.00 0 D

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).

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

1. Title of Derivative
Security (Instr. 3)
2. Conversion
or Exercise
Price of
Derivative
Security
3. Trans
action
Date
(Month/
Day/
Year)
3A.Deemed
Execution
Date, if any
(Month/
Day/
Year)
4. Transaction
Code (Instr. 8)
5. Number of
Deriva
tive Securities
Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and
Expiration Date
(Month/Day/Year)
Date Exer
Expiration 7. Title and Amount of
(Instr. 3 and 4)
Title
Underlying Securities
Amount or
Number of
8. Price of
Deriv
ative Secu
rity
(Instr. 5)
9. Number of
Derivative
Securities
Beneficially
Owned
Following
Reported
10. Owner
ship Form
of Deriva
tive
Security:
Direct (D)
or Indirect
11. Nature
of Indirect
Beneficial
Owner
ship (Instr.
4)
Code V (A) (D) cisable Date Shares Transac
tion(s)
(Instr. 4)
(I) (Instr.
4)
Stock Appreciation
Rights
(SAR)
\$42.87 12/13/2021 M 4,758 06/14/2018 06/14/2022 Common
Stock
4,758 \$0 \$0 D

Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

Explanation of Responses (footnotes):

(1) The securities were sold to pay the withholding tax due in connection with vesting of restricted stock units

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

/s/ Ehud Ben Yemini - as attorney-in-fact 12/14/2021

Page 2

**Signature of Reporting Person Date

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.