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ORMAT TECHNOLOGIES, INC. Director's Dealing 2021

Jun 29, 2021

6968_rns_2021-06-29_2df60f1c-c061-4287-9ad6-d83a14a4946f.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*
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) (Middle) [ ORA ] X below) Officer (give title below) Other (specify
(First)
C/O ORMAT TECHNOLOGIES, INC.
3. Date of Earliest Transaction (Month/Day/Year)
06/25/2021
EVP, Electricity Segment
6140 PLUMAS ST. 4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable
(Street)
RENO
NV 89519-6075 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
2A. Deemed
Date
(Month/Day/Year)
if any
Execution Date,
(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
Beneficially
Owned
6.
Ownership
Form:
Direct (D)
7. Nature
of Indirect
Beneficial
Ownership
Code V (A)
Amount
or
(D)
Price Following
Reported
Transaction(s)
(Instr. 3 and 4)
or Indirect
(I) (Instr. 4)
(Instr. 4)
Common Stock 06/25/2021 M 1,080
(1)
A \$0(1) 3,574 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)
of
Acquired
(A) or
Disposed
of (D)
(Instr. 3, 4
and 5)
5. Number
Derivative
Securities
6. Date Exercisable and
Expiration Date
(Month/Day/Year)
7. Title and
Amount of
Securities
Underlying
Derivative Security
(Instr. 3 and 4)
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)

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

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

(1) 06/25/2021 M 1,080 06/25/2020 (1)

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 06/29/2021 ** Signature of Reporting Person Date

Stock 2,160 \$0(1) 1,080 D