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ORMAT TECHNOLOGIES, INC. — Director's Dealing 2024
Jan 3, 2024
6968_rns_2024-01-03_fb79236f-53f5-499b-a8c9-3cb93c7885ac.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
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) |
|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hatzir | Shimon | Ormat Technologies, Inc. [ORA] | Director Officer (give |
10% Owner Other (specify |
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| (Last) 6140 Plumas Street RENO (City) |
(First) c/o Ormat Technologies, Inc. (Street) NEVADA (State) |
(Middle) 89519-6075 (Zip) |
3. Date of Earliest Transaction Required 4. If Amendment, Date Original Filed to be Reported (Month/Day/Year) (Month/Day/Year) 12/31/2023 |
6. | X title below) below) EVP, Electricity Segment Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person |
||||||||
| Table I — Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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| 1. Title of Security (Instr. 3) |
2. Trans action Date |
2A. Deemed Execution Date, |
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 |
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| (Month/ Day/ Year) |
if any (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) |
||||
| Common Stock | 12/31/2023 | 12/31/2023 | M | 526 | A | \$0 | 1,936 | D | |||||
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 action Date (Month/ Day/ Year) |
3A.Deemed Execution Date, if any (Month/ Day/ Year) |
4. Transaction Code (Instr. 8) |
5. Number of Deriva tive Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) Amount or |
8. Price of Deriv ative Secu rity (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following |
10. Owner ship Form of Deriva tive Security: Direct (D) |
11.Nature of Indirect Beneficial Owner ship (Instr. 4) |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Code | V | (A) | (D) | Date Exer cisable |
Expiration Date |
Title | Number of Shares |
Reported Transac tion(s) (Instr. 4) |
or Indirect (I) (Instr. 4) |
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| Restricted Stock Units |
(1) | 12/31/2023 | M | 526 | (2) | (2) | Common Stock |
526 | \$0 | 525 | 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) This portion of Restricted Stock Units vested on December 31, 2023, being the third anniversary of the date of grant. These Restricted Stock Units were granted on December 31, 2020 and vested 50% on the second anniversary of the grant date, 25% on the third anniversary of the grant date, and will vest 25% on the fourth anniversary 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/ Jessica Woelfel - as attorney-in-fact 01/02/2024
**Signature of Reporting Person Date
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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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.