ORMAT TECHNOLOGIES, INC. — Director's Dealing 2022

Mar 3, 2022

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 OMB APPROVAL

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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)
Ginzburg Assaf	ORMAT TECHNOLOGIES, INC. (ORA)							Director		10% Owner
(Last) (First) (Middle) 6140 Plumas Street		3. Date of Earliest Transaction Required to be Reported (Month/Day/Year) 03/01/2022		4. If Amendment, Date Original Filed (Month/Day/Year)				Officer (give Other (specify X title below) below) Chief Financial Officer
(Street) RENO 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 action Date	2A. Deemed Execution Date, if any (Month/ Day/ Year)	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)		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)

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).

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1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of	3. Trans action Date	3A.Deemed Execution Date, if any (Month/ Day/ Year)	4. Transaction Code (Instr. 8)		5. Number of Deriva tive Securities Acquired (A) or		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Underlying Securities (Instr. 3 and 4)		8. Price of Deriv ative Secu	9. Number of Derivative Securities	10. Owner ship Form of Deriva	11. Nature of Indirect Beneficial
	Derivative Security	(Month/ Day/ Year)		Code		Disposed of (D) (Instr. 3, 4 and 5) (A)	(D)	Date Exer cisable	Expiration Date	Title	Amount or Number of Shares	rity (Instr. 5)	Beneficially Owned Following Reported Transac tion(s) (Instr. 4)	tive Security: Direct (D) or Indirect (I) (Instr. 4)	Owner ship (Instr. 4)
Stock Appreciation Rights	\$71.15	03/01/2022		A		5,502		03/01/2024 (2)	03/01/2028	Common stock	6,502	0	32,026	D
Restricted Stock Units	(1)	03/01/2022		A		1,789		(3)	(3)	Common stock	1,789	0	5,139	D
Performance Stock Units	(1)	03/01/2022		A		3,319		(4)	(4)	Common stock	3,319	0	6,394	D

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

Explanation of Responses (footnotes):

1. 1. Each restricted stock unit represents the right to receive one share of ORA common stock upon vesting.

2. The stock appreciation rights vest 50% on the second anniversary of the grant date and 25% on each of the third and fourth anniversaries of the date of grant.

3. The restricted stock units vest 33% on the second anniversary of the grant date and 67% on the third anniversary of the date of grant.

4. The Performance stock units vest 50% on the second anniversary of the grant date and 25% on each of the third and fourth anniversaries of the date of grant.

* 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 03/03/2022

**Signature of Reporting Person Date By Power of Attorney

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

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