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ORMAT TECHNOLOGIES, INC. Director's Dealing 2021

Nov 15, 2021

6968_rns_2021-11-15_7ae12d22-4d74-4de2-81ae-520d183c9358.pdf

Director's Dealing

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

FORM 144

NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933

ATTENTION: Transmit for filing 3 copies of this form concurrently with either placing an order with a broker to execute sale

or executing a sale directly with a market maker.
1 (a) NAME OF ISSUER (Please type or print) (b) IRS IDENT. NO. (c) S.E.C. FILE NO. WORK LOCATION
Ormat Technologies, Inc. 88-0326081 001-32347
1 (d) ADDRESS OF ISSUER STREET CITY STATE ZIP CODE (e) TELEPHONE NO.
6140 Plumas Street Reno NV 89519-6075 area code number
775 356-9029
2 (a) NAME OF PERSON FOR WHOSE ACCOUNT THE SECURITIES (b) RELATIONSHIP TO (c) ADDRESS STREET CITY STATE ZIP CODE
ARE TO BE SOLD ISSUER
Dafna Sharir Director 6140 Plumas Street Reno NV 89519-6075

INSTRUCTION: The person filing this notice should contact the issuer to obtain the I.R.S. Identification Number and the S.E.C. File Number.

3 (a)
Title of the
Class of
Securities
To Be Sold
(b)
Name and Address of Each Broker Through Whom the
Securities are to be Offered or Each Market Maker
who is Acquiring the Securities
SEC USE ONLY
Broker-Dealer
File Number
(c)
Number of Shares
or Other Units
To Be Sold
(d)
Aggregate
Market
Value
(e)
Number of Shares
or Other Units
Outstanding
(f)
Approximate
Date of Sale
(See instr. 3(f))
(g)
Name of Each
Securities
Exchange
Common Stock Oppenheimer & Co. Inc.
85 Broad Street, 22nd, 24th Floor
New York
NY
10004
008-0407 (See instr. 3(c))
1,865
(See instr. 3(d))
\$151,231.6 (1)
(See instr. 3(e))
56,001,501
(MO. DAY YR.)
11/11/2021
(See instr. 3(g))
NYSE

-

-

(b) Such person's relationship to the issuer (e.g., officer, director, 10% stockholder, or member of immediate family of any of the foregoing)

(c) Such person's address, including zip code

INSTRUCTIONS: 3. (a) Title of the class of securities to be sold

  1. (a) Name of issuer (b) Name and address of each broker through whom the securities are intended to be sold

(b) Issuer's I.R.S. Identification Number (c) Number of shares or other units to be sold (if debt securities, give the aggregate face amount)

  • (c) Issuer's S.E.C. file number, if any (d) Aggregate market value of the securities to be sold as of a specified date within 10 days prior to the filing of this notice
  • (d) Issuer's address, including zip code (e) Number of shares or other units of the class outstanding, or if debt securities the face amount thereof outstanding, as shown (e) Issuer's telephone number, including area code by the most recent report or statement published by the issuer
    • (f) Approximate date on which the securities are to be sold
    1. (a) Name of person for whose account the securities are to be sold (g) Name of each securities exchange, if any, on which the securities are intended to be sold
    2. 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. SEC1147 (08-07)

OMB APPROVAL OMB Number: 3235-0101 Expires: July 31, 2023 Estimated average burden hours per response.......1.0 SEC USE ONLY DOCUMENT SEQUENCE NO.

CUSIP NUMBER

TABLE I –– SECURITIES TO BE SOLD

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

Title of
the Class
Date you
Acquired
Nature of Acquisition Transaction Name of Person from Whom Acquired
(If gift, also give date donor acquired)
Amount of
Securities Acquired
Date of
Payment
Nature of Payment
Common Stock 05/8/2018 Appointed as a director by the board of
directors of Ormat Technologies, Inc.,
effective May 22, 2012. Received
securities
registered on Form S-8
as part of
a restricted stock unit grant for her service
as a director on May 8, 2018. The
restricted stock units vested on
November
7, 2018 based on person's continued
service as a director through such date.
Ormat Technologies, Inc. 435 5/8/2018 Consideration was
person's continued
service as a director.
See "Nature of
Acquisition
Transaction."
Common Stock 11/7/2020 Appointed as a director by the board of
directors of Ormat Technologies, Inc.,
effective May 22, 2012. Received
securities
registered on Form S-8 as part of
a restricted stock unit grant for her service
as a director on November 7, 2020. The
restricted stock units vested on November
4, 2021 based on person's continued
service as a director through such date.
Ormat Technologies, Inc. 1,430 11/7/2020 Consideration was
person's continued
service as a director.
See "Nature of
Acquisition
Transaction."

INSTRUCTIONS: If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, orif paymentwasmade in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

TABLE II –– SECURITIES SOLD DURING THE PAST 3 MONTHS

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

Name and Address of Seller Title of Securities Sold Date of Sale Amount of
Securities Sold
Gross Proceeds

REMARKS:

(1) 435 shares, acquired on May 8, 2018, were sold at \$81.12 per share. 1,430 shares, acquired on November 7, 2020 ,were sold at \$81.08 per share.

INSTRUCTIONS:

See the defnition of "person" in paragraph (a) of Rule 144. Information is to be given not only asto the person for whose account the securities are to be sold but also asto all other persons included in that defnition. In addition, information shall be given asto sales by all personswhose sales are required by paragraph (e) of Rule 144 to be aggregated with salesforthe account ofthe person fling this notice.

11/13/2021

DATE OF NOTICE

ATTENTION:

The person forwhose account the securitiestowhich this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

/s/ Ehud Ben Yemini - as attorney-in-fact

(SIGNATURE)

DATE OF PLAN ADOPTION OR GIVING OF INSTRUCTION, IF RELYING ONRULE The notice shall be signed by the person for whose account the securities are to be sold. At least one copy of the notice shall be manually signed.

10B5-1 Any copies not manually signed shall beartyped or printed signatures.

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

SEC1147 (08-07)