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ORMAT TECHNOLOGIES, INC. — Major Shareholding Notification 2022
Jun 6, 2022
6968_rns_2022-06-06_f0f4377b-9b36-48aa-98f2-85ef3c68d311.pdf
Major Shareholding Notification
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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
| OMB APPROVAL | ||||||
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| OMB Number: | 3235-0287 | |||||
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| hours per response: | 0.5 |
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, or Section 30(h) of the Investment Company Act of 1940
| 1. Name and Address of Reporting Person* Marom, Michal |
2. Issuer Name and Ticker or Trading Symbol Ormat Technologies, Inc. [ORA] |
5. Relationship of Reporting Person(s) to Issuer (Check all applicable) |
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|---|---|---|---|---|---|---|
| (Last) c/o Ormat Technologies, Inc. 6140 Plums St. |
(First) | (Middle) | 3. Date of Earliest Transaction (Month/Day/Year) 06/02/2022 |
X Director Officer (give title below) |
10% Owner Other (specify below) |
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| (Street) Reno NV 89519 (City) (State) (Zip) |
4. If Amendment, Date Original Filed (Month/Day/Year) |
6. 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
| 1.Title of Security (Instr. 3) |
2. Transaction Date (Month / Day / Year) |
2A. Deemed 3. 4. Securities Execution Transaction Acquired (A) or Beneficially Owned Date, if any Code Disposed of (D) Following Reported (Month / Day / (Instr. 8) (Instr. 3, 4 and 5) Transaction(s) Year) (Instr. 3 and 4) (A) or Code V Amount (D) Price |
5. Amount of Securities | 6. Ownership Form: Direct (D) |
7. Nature of Indirect Beneficial Ownership |
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|---|---|---|---|---|---|---|---|---|---|
| or Indirect (I) (Instr. 4) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
| 1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security |
3. Transaction Date (Month / Day / Year) |
3A. Deemed Execution Date, if any (Month / Day / Year) |
4. Transaction Code (Instr. 8) |
5. of (A) or of (D) |
Number Derivative Securities Acquired Disposed (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month / Day / Year) |
7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction (s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Code | V (A) | (D) | Date Exercisable |
Expiration Date |
Title | Amount or Number of Shares |
||||||||
| Restricted Stock Units |
(2) | 06/02/2022 | A | 1,461 | (1) | (1) | Common Stock |
1,430 | \$0.00 | 1,461 | D |
Explanation of Responses:
(1) The restricted stock units vest 100% on the first anniversary of the grant date of the Issuer.
(2) Each RSU represented the right to receive one share of the Issuer's common stock upon vesting.
Signatures
| /s/ Ehud Ben - as attorney in fact | 06/06/2022 | ||
|---|---|---|---|
**Signature of Reporting Person Date
| Date | |
|---|---|
Reporting Owners
| Reporting Owner Name / Address | Relationships | |||
|---|---|---|---|---|
| Director 10% Owner Officer Other | ||||
| Marom, Michal c/o Ormat Technologies, Inc. 6140 Plums St. Reno NV 89519 |
X |
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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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.
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