0001437749-23-025417.txt : 20230907 0001437749-23-025417.hdr.sgml : 20230907 20230907184054 ACCESSION NUMBER: 0001437749-23-025417 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230905 FILED AS OF DATE: 20230907 DATE AS OF CHANGE: 20230907 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Angel Isaac CENTRAL INDEX KEY: 0001380031 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32347 FILM NUMBER: 231243355 MAIL ADDRESS: STREET 1: 2099 GATEWAY PLACE CITY: SUITE 600 STATE: CA ZIP: 95110 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ORMAT TECHNOLOGIES, INC. CENTRAL INDEX KEY: 0001296445 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 880326081 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 6140 PLUMAS STREET CITY: RENO STATE: NV ZIP: 89519-6075 BUSINESS PHONE: 775-356-9029 MAIL ADDRESS: STREET 1: 6140 PLUMAS STREET CITY: RENO STATE: NV ZIP: 89519-6075 4 1 rdgdoc.xml FORM 4 X0508 4 2023-09-05 0001296445 ORMAT TECHNOLOGIES, INC. ORA 0001380031 Angel Isaac C/O ORMAT TECHNOLOGIES, INC. 6140 PLUMS ST. RENO NV 89519-6075 1 1 Common Stock 2023-09-05 4 M 0 96353 55.16 A 138286 D Common Stock 2023-09-05 4 D 0 70209 75.70 D 68077 D Common Stock 2023-09-06 4 M 0 103313 55.16 A 145246 D Common Stock 2023-09-06 4 D 0 75500 75.48 D 69746 D Common Stock 2023-09-06 4 S 0 22399 74.42 D 47347 D Common Stock 2023-09-06 4 S 0 5414 75.41 D 41933 D Stock Appreciation Rights (SARs) 55.16 2023-09-05 4 M 0 96353 0 D 2018-11-07 2023-11-07 Common Stock 96353 106658 D Stock Appreciation Rights (SARs) 55.16 2023-09-06 4 M 0 103313 0 D 2018-11-07 2023-11-07 Common Stock 103313 3345 D On September 5, 2023, the reporting person exercised 96,353 stock appreciation rights, and then immediately sold 26,144 shares received from such exercise. In a Form 4 filed on September 6, 2023 (the "Prior Form 4"), the reporting person previously reported such sale of 26,144 shares, but omitted the prior exercise of the stock appreciation rights. This Form 4 timely reports the exercise, and so column 5 of this row reflects the amount of shares beneficially owned prior to such sale of 26,144 shares. Due to the circumstances described in footnote 1, column 5 of this row is based on the amount of shares beneficially owned after the sale of 26,144 shares, which was reported in the Prior Form 4 and so is not repeated here. The amount of shares beneficially owned after the sale of 26,144 shares reported in the prior Form 4 should have been 41,933. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.10 to $75.06, inclusive. The reporting person undertakes to provide to Ormat Technologies, Inc. (the "Company"), any securityholder of the Company or the staff of the Securities and Exchange Commission ("SEC Staff"), upon request, full information regarding the number of shares sold at each price within the range specified herein. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.11 to $75.73, inclusive. The reporting person undertakes to provide to the Company, any securityholder of the Company or the SEC Staff, upon request, full information regarding the number of shares sold at each price within the range specified herein. These sales were made pursuant to a Rule 10b5-1 plan adopted by the reporting person on 04-02-2023. /s/ Ehud Ben Yemini as Attorney -in-Fact 2023-09-07