ORIX CORP - 13 Dec 2024 Form 4 Insider Report for ORMAT TECHNOLOGIES, INC. (ORA)

Signature
/s/ ORIX Corporation, By: /s/ Nobuomi Iokamori, Senior Managing Director
Issuer symbol
ORA
Transactions as of
13 Dec 2024
Net transactions value
-$278,906,000
Form type
4
Filing time
13 Dec 2024, 16:05:07 UTC
Previous filing
29 Nov 2022

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 $278,906,000 -3,700,000 -55% $75.38 2,976,077 13 Dec 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

ORIX CORP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On December 13, 2024, ORIX Corporation ("ORIX") completed the sale of 3,700,000 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, the Issuer and Goldman Sachs & Co. LLC (the "Underwriter"), dated December 11, 2024. The Underwriter has not yet exercised its option to purchase up to an additional 555,000 Shares, which option is exercisable for a period of 30 days after December 11, 2024 ("Over-Allotment Option").
F2 The sales price of $75.38 represents the $76.20 public offering price per Share, less the underwriting discount of $0.82 per Share.
F3 In addition to the reported transaction, 555,000 Shares that continue to be held by the Reporting Person are subject to the Over-Allotment Option.