Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

ORMAT TECHNOLOGIES, INC. Regulatory Filings 2021

May 5, 2021

6968_rns_2021-05-05_b8f600a0-3d4d-4adf-8554-715bec951170.zip

Regulatory Filings

Open in viewer

Opens in your device viewer

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 5, 2021 ( May 5, 2021 )

Ormat Technologies, Inc.

(Exact Name of Registrant as Specified in Its Charter)

Delaware (State or Other Jurisdiction of Incorporation) No. 88-0326081 (I.R.S. Employer Identification No.)
6140 Plumas Street , Reno , Nevada (Address of Principal Executive Offices) 89519-6075 (Zip Code)

( 775 ) 356-9029 (Registrants Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 (a) of the Exchange Act.☐

Securities registered pursuant to Section 12(b) of the Exchange Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Shares ORA NYSE

Item 5.07 Submission of Matters to a Vote of Security Holders.

Ormat Technologies, Inc. (the “Company”) held its 2021 Annual Meeting of Stockholders on May 5, 2021. For more information on the following proposals submitted to stockholders, see the Company’s definitive proxy statement, dated March 25, 2021. The results of the votes were as follows:

Proposal 1- Election of Directors
The following nine individuals were elected to the Company’s Board of Directors to serve as directors until the 2022 annual meeting of stockholders and until their successors have been duly elected and qualified.
Votes For Votes Against Votes Abstained Broker Non- Votes
Isaac Angel 49,250,217 1,486,746 11,823 34,068
Albertus Bruggink 49,560,237 1,178,513 10,036 34,068
Dan Falk 48,096,466 2,640,279 12,040 34,069
David Granot 42,269,044 8,465,886 13,156 34,768
Mike Nikkel 49,822,381 916,134 10,271 34,068
Dafna Sharir 50,013,015 723,295 12,476 34,068
Stanley B. Stern 36,954,483 13,782,965 11,338 34,068
Hidetake Takahashi 49,113,358 1,625,679 9,749 34,068
Byron G. Wong 50,022,944 715,910 9,932 34,068
Proposal 2 - Ratification of Appointment of Kesselman & Kesselman for 2021
The appointment of Kesselman & Kesselman, a member of PricewaterhouseCoopers International Limited, as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2021 was ratified.
Votes For Votes Against Votes Abstained
49,414,500 969,223 399,131
Proposal 3-Approval of the Compensation of our Named Executive Officers on an Advisory Basis
The stockholders approved, on an advisory basis, the compensation paid to the Company’s named executive officers.
Votes For Votes Against Votes Abstained Broker Non- Votes
46,294,441 4,213,864 240,481 34,068

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ORMAT TECHNOLOGIES, INC.
By: /s/Doron Blachar
Name: Doron Blachar
Title: Chief Executive Officer

Date: May 5, 2021