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ORMAT TECHNOLOGIES, INC. — Director's Dealing 2023
Mar 1, 2023
6968_dirs_2023-03-01_25f1eeab-c376-4062-aea3-0c5e42641425.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: Benyosef Ofer (EVP - Energy Storage & BD)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-01 | Common Stock | M | 358 | — | Acquired | 2265 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-01 | Restricted Stock Units | $ | M | 358 | Disposed | Common Stock (358) | Direct |
Footnotes
F1: Each Restricted Stock Unit represents the right to receive one share of ORA common stock upon vesting.
F2: 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.