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ORMAT TECHNOLOGIES, INC. Director's Dealing 2023

Mar 24, 2023

6968_rns_2023-03-23_597d3c09-a1b6-4158-83e0-dcc71a71642a.pdf

Director's Dealing

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FORM 4
-------- --
[ ] Check this box if no longer subject to
Section 16. Form 4 or Form 5 obligations
may continue. See
Instruction 1(b).

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

OMB Number: 3235-0287
Expires:
Estimated average burden
hours per response
0.5

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)
Woelfel
Jessica
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)
4.
If Amendment, Date Original Filed
(Month/Day/Year)
Officer (give
Other (specify
X
title below)
below)
General Counsel, Chief Compliance Officer and
Corporate Secretary
(Street)
RENO
NEVADA
89519-6075
03/21/2023 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
2A. Deemed
action
Execution
Date
Date,
(Month/
if any
Day/
(Month/
Year)
Day/
Year)
3. Transaction
4.
Code (Instr. 8)
or Disposed of (D)
(Instr. 3, 4 and 5)
Securities Acquired (A) 5.
Amount of
Securities
Beneficially
6.
Owner
ship
Form:
7.
Nature
of In
direct
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).

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

1. Title of Derivative
Security (Instr. 3)
2. Conversion
or Exercise
Price of
Derivative
Security
3. Trans
3A.Deemed
4. Transaction
5. Number of
6. Date Exercisable and
7. Title and Amount of
8. Price of
9. Number of
action
Execution
Code (Instr. 8)
Deriva
Expiration Date
Underlying Securities
Deriv
Derivative
Date
Date, if any
tive Securities
(Month/Day/Year)
(Instr. 3 and 4)
ative Secu
Securities
(Month/
Acquired (A) or
rity
Beneficially
(Month/
Day/
Disposed of (D)
(Instr. 5)
Owned
Day/
Year)
(Instr. 3, 4 and 5)
Following
Amount or
Date Exer
Expiration
Year)
Reported
Title
Number of
cisable
Date
Transac
Shares
Code
(A)
(D)
tion(s)
10. Owner
ship Form
of Deriva
tive
Security:
Direct (D)
11.Nature
of Indirect
Beneficial
Owner
ship (Instr.
4)
(Instr. 4) or Indirect
(I) (Instr.
4)
Restricted Stock
Units
(1) 03/21/2023 A 2,252 (2) (2) Common
stock
2,252 0 2,252 D

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

Explanation of Responses (footnotes):

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

  2. The restricted stock units vest 25% on each of the first, second, third and fourth anniversaries of the grant date.

* 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 03/23/2023

**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

Page 2

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.