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ORMAT TECHNOLOGIES, INC. Director's Dealing 2023

Mar 1, 2023

6968_dirs_2023-03-01_3ab29f78-343e-4020-9be5-e3df6d78e999.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORMAT TECHNOLOGIES, INC. (ORA)
CIK: 0001296445
Period of Report: 2023-03-01

Reporting Person: Ginzburg Assi (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-03-01 Common Stock M 447 Acquired 22122 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-03-01 Restricted Stock Units $ A 1000 Acquired Common Stock (1000) Direct
2023-03-01 Restricted Stock Units $ M 447 Disposed Common Stock (447) Direct

Footnotes

F1: Each Restricted Stock Unit represents the right to receive one share of ORA common stock upon vesting.

F2: These Restricted Stock Units vest 33% on the second anniversary of the grant date and 67% on the third anniversary of the grant date.

F3: This portion of Restricted Stock Units vested on March 1, 2023, being the first-year anniversary of the date of grant. These Restricted Stock Units were granted on March 1, 2022 and vest 25% on each of the first, second, third and fourth anniversaries of the grant date. These Restricted Stock Units were initially reported by the reporting person on a Form 4 filed with the SEC on March 3, 2022, but due to an administrative error, the Form 4 incorrectly stated that 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.