ORIX CORP - 25 Nov 2022 Form 4 Insider Report for ORMAT TECHNOLOGIES, INC. (ORA)

Role
10%+ Owner
Signature
/s/ ORIX Corporation, By: /s/ Hidetake Takahashi, Managing Executive Officer
Issuer symbol
ORA
Transactions as of
25 Nov 2022
Net transactions value
-$49,359,375
Form type
4
Filing time
29 Nov 2022, 05:05:10 UTC
Previous filing
23 Nov 2022
Next filing
13 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORA Common Stock, par value $0.001 per share Sale $49,359,375 -562,500 -7.8% $87.75 6,676,077 25 Nov 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 25, 2022, ORIX Corporation ("ORIX") sold 562,500 of their shares of common stock, par value $0.001 per share ("Shares") of the Issuer pursuant to that certain Underwriting Agreement by and among ORIX and BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives of certain underwriters, dated November 16, 2022.
F2 The sales price of $87.75 represents the $90.00 public offering price per Share, less the underwriting discount of $2.25 per Share.