ORMAT TECHNOLOGIES, INC. — Director's Dealing 2023

Sep 11, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORMAT TECHNOLOGIES, INC. (ORA)
CIK: 0001296445
Period of Report: 2023-09-07

Reporting Person: Angel Isaac (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-09-07	Common Stock	M	3345	$55.16	Acquired	45278	Direct
2023-09-07	Common Stock	D	2477	$74.48	Disposed	74.48	Direct
2023-09-07	Common Stock	S	439	$75.08	Acquired	42362	Direct
2023-09-07	Common Stock	S	429	$75.57	Disposed	41933	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-09-07	Stock Appreciation Rights (SARs)	$55.16	M	3345	Disposed	2023-11-07	Common Stock (3345)	Direct

Footnotes

F1: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.41 to $75.39, inclusive. The reporting person undertakes to provide to Ormat Technologies, Inc. (the "Company"), any securityholder of the Company or the staff of the Securities and Exchange Commission ("SEC Staff"), upon request, full information regarding the number of shares sold at each price within the range specified herein.

F2: These sales were made pursuant to a Rule 10b5-1 plan adopted by the reporting person on April 2, 2023.

F3: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.41 to $76.05, inclusive. The reporting person undertakes to provide to the Company, any securityholder of the Company or the SEC Staff, upon request, full information regarding the number of shares sold at each price within the range specified herein.