FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
(Print or Type Responses)
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
Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: | 3235-0287 |
Expires:
Estimated average burden hours per response .............. 0.5
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) | |||||||||||||||||||||||||
Ben Yosef | Ofer | ORMAT TECHNOLOGIES, INC. (ORA) | Director | 10% Owner | |||||||||||||||||||||
X | Officer (give | Other (specify | |||||||||||||||||||||||
(Last) | (First) | (Middle) | 3. Date of Earliest Transaction Required to | 4. | If Amendment, Date Original Filed | title below) | below) | ||||||||||||||||||
6140 Plumas Street | be Reported (Month/Day/Year) | (Month/Day/Year) | Executive Vice President Energy Storage and | ||||||||||||||||||||||
Business Development | |||||||||||||||||||||||||
03/21/2023 | |||||||||||||||||||||||||
(Street) | 6. | Individual or Joint/Group Filing (Check Applicable Line) | |||||||||||||||||||||||
RENO | NEVADA 89519-6075 | 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 | 2. Trans- | 2A. Deemed | 3. Transaction | 4. Securities Acquired (A) | 5. | Amount of | 6. Owner- | 7. Nature | ||||||||||||||||
(Instr. 3) | action | Execution | Code (Instr. 8) | or Disposed of (D) | Securities | ship | of In- | ||||||||||||||||||
Date | Date, | (Instr. 3, 4 and 5) | Beneficially | Form: | direct | ||||||||||||||||||||
(Month/ | if any | (A) or | Owned | Direct (D) | Bene- | ||||||||||||||||||||
Day/ | (Month/ | Following | or | ficial | |||||||||||||||||||||
(D) | |||||||||||||||||||||||||
Year) | Day/ | Code | V | Amount | Price | Reported | Indirect | Owner- | |||||||||||||||||
Year) | Transaction(s) | (I) | ship | ||||||||||||||||||||||
(Instr. 3 and 4) | (Instr. 4) | (Instr. 4) | |||||||||||||||||||||||
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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.
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative | 2. Conversion | 3. Trans- | 3A.Deemed | 4. | Transaction | 5. Number of | 6. Date Exercisable and | 7. Title and Amount of | 8. Price of | 9. Number of | 10. Owner- | 11. Nature | |||||
Security (Instr. 3) | or Exercise | action | Execution | Code (Instr. 8) | Deriva- | Expiration Date | Underlying Securities | Deriv- | Derivative | ship Form | of Indirect | ||||||
Price of | Date | Date, if any | tive Securities | (Month/Day/Year) | (Instr. 3 and 4) | ative Secu- | Securities | of Deriva- | Beneficial | ||||||||
Derivative | (Month/ | Acquired (A) or | rity | Beneficially | tive | Owner- | |||||||||||
Security | (Month/ | Day/ | Disposed of (D) | (Instr. 5) | Owned | Security: | ship (Instr. | ||||||||||
Day/ | Year) | (Instr. 3, 4 and 5) | Date Exer- | Expiration | Amount or | Following | Direct (D) | 4) | |||||||||
Year) | Title | Number of | Reported | or Indirect | |||||||||||||
cisable | Date | ||||||||||||||||
Shares | Transac- | (I) (Instr. | |||||||||||||||
Code | (A) | (D) | |||||||||||||||
tion(s) | 4) | ||||||||||||||||
(Instr. 4) | |||||||||||||||||
Restricted Stock | Common | ||||||||||||||||
Units | (1) | 03/21/2023 | A | 2,502 | (2) | (2) | 2,502 | 0 | 2,502 | D | |||||||
stock | |||||||||||||||||
Explanation of Responses (footnotes):
- Each restricted stock unit represents the right to receive one share of ORA common stock upon vesting.
- 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 | ||
Note: File three copies of this Form, one of which must be manually signed. | By Power of Attorney | ||
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.
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Ormat Technologies Inc. published this content on 23 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 March 2023 21:59:07 UTC.