Shimon Hatzir - Dec 7, 2021 Form 4/A - Amendment Insider Report for ORMAT TECHNOLOGIES, INC. (ORA)

Signature
/s/ Ehud Ben Yemini, as attorney-in-fact
Stock symbol
ORA
Transactions as of
Dec 7, 2021
Transactions value $
-$397,473
Form type
4/A - Amendment
Date filed
9/6/2022, 06:11 AM
Date Of Original Report
Dec 9, 2021
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORA Common Stock Options Exercise $455K +10.6K $42.87 10.6K Dec 7, 2021 Direct
transaction ORA Common Stock Disposed to Issuer -$455K -5.72K -53.82% $79.66 4.91K Dec 7, 2021 Direct F1
transaction ORA Common Stock Sale -$210K -2.6K -52.94% $81.00 2.31K Dec 7, 2021 Direct F1
transaction ORA Common Stock Sale -$187K -2.31K -100% $81.00 0 Dec 7, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ORA Stock Appreciation Rights (SAR) Options Exercise $0 -10.6K -100% $0.00* 0 Dec 7, 2021 Common Stock $10.6K $42.87 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities were sold to pay the withholding tax due in connection with vesting of restricted stock units

Remarks:

The original Form 4, filed on December 9, 2021, is being amended to correct (i) the number of SARs exercised, (ii) the number of shares deemed to have been received by the reporting person upon exercise of the SARs, (iii) the number of shares deemed to have been sold back to the issuer and (iv) the number of shares sold by the reporting person in the two open market transactions on December 7, 2021. This amendment also reflects the correct number of shares beneficially owned immediately following the reported transactions on December 7, 2021.