SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
FIMI IV 2007 LTD.

(Last) (First) (Middle)
ELECTRA TOWER,
98 YIGAL ALON STREET

(Street)
TEL AVIV L3 67891

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ORMAT TECHNOLOGIES, INC. [ ORA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/17/2017
4. If Amendment, Date of Original Filed (Month/Day/Year)
07/27/2017
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X 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 Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.001 per share 07/17/2017 S 203,528(2) A $27.52 7,202,646(1)(2)(3) I By FIMI ENRG, L.P. and FIMI ENRG, Limited Partnership(1)
Common Stock, par value $0.001 per share 07/26/2017 S 7,202,646 D $57 0(2)(3) I By FIMI ENRG, L.P. and FIMI ENRG, Limited Partnership(1)
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. Number of Derivative Securities Acquired (A) or Disposed of (D) (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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
FIMI IV 2007 LTD.

(Last) (First) (Middle)
ELECTRA TOWER,
98 YIGAL ALON STREET

(Street)
TEL AVIV L3 67891

(City) (State) (Zip)
1. Name and Address of Reporting Person*
FIMI ENRG, L.P

(Last) (First) (Middle)
C/O FIMI IV 2007 LTD.,
ELECTRA TOWER, 98 YIGAL ALON STREET

(Street)
TEL AVIV L3 67891

(City) (State) (Zip)
1. Name and Address of Reporting Person*
FIMI ENRG Ltd Partnership.

(Last) (First) (Middle)
C/O FIMI IV 2007 LTD.,
ELECTRA TOWER, 98 YIGAL ALON STREET

(Street)
TEL AVIV L3 67891

(City) (State) (Zip)
1. Name and Address of Reporting Person*
DAVIDI ISHAY

(Last) (First) (Middle)
C/O FIMI IV 2007 LTD.,
ELECTRA TOWER, 98 YIGAL ALON STREET

(Street)
TEL AVIV L3 67891

(City) (State) (Zip)
Explanation of Responses:
1. FIMI IV 2007 Ltd. ("FIMI IV 2007"), is the general partner of each of FIMI ENRG, L.P. ("FIMI ENRG 1") and FIMI ENRG, Limited Partnership ("FIMI ENRG 2"). Ishay Davidi is the Chief Executive Officer of FIMI IV 2007.
2. On July 26, 2017 (the "Closing"), FIMI IV 2007, FIMI ENRG 1, FIMI ENRG 2 and Ishay Davidi (the "FIMI Entities") sold all of their shares of common stock, par value $0.001 per share ("Shares") of the Issuer to Orix Corporation ("Orix"). Prior to the Closing and pursuant to a Settlement Agreement dated July 17, 2017, FIMI ENRG 1 and FIMI ENRG 2 exercised the call option granted to them under a Share Purchase Agreement dated March 16, 2012 and an Amended and Restated Shareholders Rights Agreement dated November 10, 2014 and purchased from Bronicki Investments Ltd. ("Bronicki") an aggregate of 203,528 Shares of the Issuer for $27.52 per share, with such price determined in accordance with those agreements (constituting an exercise of an in-the-money derivative security). In addition, prior to the Closing, FIMI ENRG 2 purchased from Mr. Gillon Beck and Mr. Ami Boehm an aggregate of 75,000 Shares of the Issuer at a price per share of $57.
3. All such Shares were sold by FIMI ENRG 1 and FIMI ENRG 2, as applicable, to Orix.
Remarks:
1. Ishay Davidi, an authorized signatory of the reporting person, has executed this Form 4 on behalf of the reporting person and the other joint filers. 2. For clarity purposes, this Form 4 amends and replaces in its entirety the Form 4 filed on July 27, 2017. Due to certain agreements with Bronicki, the FIMI Entities may be deemed to constitute a "group" with Bronicki for purposes of Section 16 of the Securities Exchange Act of 1934. Neither the filing of this Form 4 nor any of its contents shall be deemed to constitute an admission that a group exists for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Each of the reporting persons disclaims beneficial ownership of all shares beneficially owned by Bronicki and further disclaims the existence of any such group.
/s/ Ishay Davidi 08/01/2017
** Signature of Reporting Person Date
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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.