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ORMAT TECHNOLOGIES, INC. — Share Issue/Capital Change 2021
Nov 15, 2021
6968_rns_2021-11-15_5d07b743-3e58-4372-bc12-11d6c007e1dd.pdf
Share Issue/Capital Change
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
FORM 144
NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
ATTENTION: Transmit for filing 3 copies of this form concurrently with either placing an order with a broker to execute sale
| or executing a sale directly with a market maker. | ||||||||
|---|---|---|---|---|---|---|---|---|
| 1 (a) NAME OF ISSUER (Please type or print) | (b) IRS IDENT. NO. | (c) S.E.C. FILE NO. | WORK LOCATION | |||||
| Ormat Technologies, Inc. | 88-0326081 | 001-32347 | ||||||
| 1 (d) ADDRESS OF ISSUER | STREET | CITY | STATE | ZIP CODE | (e) TELEPHONE NO. | |||
| 6140 Plumas Street | Reno | NV | 89519-6075 | area code | number | |||
| 775 | 356-9029 | |||||||
| 2 (a) NAME OF PERSON FOR WHOSE ACCOUNT THE SECURITIES | (b) RELATIONSHIP TO | (c) ADDRESS STREET | CITY | STATE | ZIP CODE | |||
| ARE TO BE SOLD | ISSUER | |||||||
| David Granot | Director | 6140 Plumas Street | Reno | NV | 89519-6075 |
INSTRUCTION: The person filing this notice should contact the issuer to obtain the I.R.S. Identification Number and the S.E.C. File Number.
| 3 (a) Title of the Class of Securities To Be Sold |
(b) Name and Address of Each Broker Through Whom the Securities are to be Offered or Each Market Maker who is Acquiring the Securities |
SEC USE ONLY Broker-Dealer File Number |
(c) Number of Shares or Other Units To Be Sold |
(d) Aggregate Market Value |
(e) Number of Shares or Other Units Outstanding |
(f) Approximate Date of Sale (See instr. 3(f)) |
(g) Name of Each Securities Exchange |
|---|---|---|---|---|---|---|---|
| Common Stock | Oppenheimer & Co. Inc. 85 Broad Street, 22nd, 24th Floor New York NY 10004 |
008-0407 | (See instr. 3(c)) 672 |
(See instr. 3(d)) \$53,518.08 |
(See instr. 3(e)) 56,001,501 |
(MO. DAY YR.) 11/10/2021 |
(See instr. 3(g)) NYSE |
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(b) Such person's relationship to the issuer (e.g., officer, director, 10% stockholder, or member of immediate family of any of the foregoing)
(c) Such person's address, including zip code
INSTRUCTIONS: 3. (a) Title of the class of securities to be sold
- (a) Name of issuer (b) Name and address of each broker through whom the securities are intended to be sold
(b) Issuer's I.R.S. Identification Number (c) Number of shares or other units to be sold (if debt securities, give the aggregate face amount)
- (c) Issuer's S.E.C. file number, if any (d) Aggregate market value of the securities to be sold as of a specified date within 10 days prior to the filing of this notice
- (d) Issuer's address, including zip code (e) Number of shares or other units of the class outstanding, or if debt securities the face amount thereof outstanding, as shown (e) Issuer's telephone number, including area code by the most recent report or statement published by the issuer
- (f) Approximate date on which the securities are to be sold
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- (a) Name of person for whose account the securities are to be sold (g) Name of each securities exchange, if any, on which the securities are intended to be sold
- 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. SEC1147 (08-07)
OMB APPROVAL OMB Number: 3235-0101 Expires: July 31, 2023 Estimated average burden hours per response.......1.0 SEC USE ONLY DOCUMENT SEQUENCE NO.
CUSIP NUMBER
TABLE I –– SECURITIES TO BE SOLD
Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:
| Title of the Class |
Date you Acquired |
Nature of Acquisition Transaction | Name of Person from Whom Acquired (If gift, also give date donor acquired) |
Amount of Securities Acquired |
Date of Payment |
Nature of Payment |
|---|---|---|---|---|---|---|
| Common Stock INSTRUCTIONS: |
11/4/2020 | Appointed as a director by the board of directors of Ormat Technologies, Inc., effective November 2004. Received securities registered on Form S-8 as part of a restricted stock unit grant for his service as a director on November 4, 2020. The restricted stock units vested on November 4, 2021 based on person's continued service as a director through such date. If the securities were purchased and full payment therefor was not made in cash at the time of |
Ormat Technologies, Inc. | 672 | 11/4/2020 | Consideration was person's continued service as a director. See "Nature of Acquisition Transaction." |
purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, orif paymentwasmade in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.
TABLE II –– SECURITIES SOLD DURING THE PAST 3 MONTHS
Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.
| Name and Address of Seller | Title of Securities Sold | Date of Sale | Amount of Securities Sold |
Gross Proceeds |
|---|---|---|---|---|
REMARKS:
INSTRUCTIONS:
See the defnition of "person" in paragraph (a) of Rule 144. Information is to be given not only asto the person for whose account the securities are to be sold but also asto all other persons included in that defnition. In addition, information shall be given asto sales by all personswhose sales are required by paragraph (e) of Rule 144 to be aggregated with salesforthe account ofthe person fling this notice.
11/12/2021
DATE OF NOTICE
ATTENTION:
The person forwhose account the securitiestowhich this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
/s/ Ehud Ben Yemini - as attorney-in-fact
(SIGNATURE)
The notice shall be signed by the person for whose account the securities are to be sold. At least one copy of the notice shall be manually signed.
10B5-1 Any copies not manually signed shall beartyped or printed signatures.
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)
SEC1147 (08-07)
DATE OF PLAN ADOPTION OR GIVING OF INSTRUCTION, IF RELYING ONRULE