Stanley Stern - 19 May 2023 Form 4 Insider Report for ORMAT TECHNOLOGIES, INC. (ORA)

Role: Director
Signature: /s/ Ehud Ben Yemini - as attorney-in-fact
Issuer symbol: ORA
Transactions as of: 19 May 2023
Net transactions value: -$161,962
Form type: 4
Filing time: 22 May 2023, 16:16:18 UTC
Previous filing: 11 May 2023
Next filing: 25 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ORA	Common Stock	Options Exercise	$86,219	+1,361	+18%	$63.35	8,979	19 May 2023	Direct
transaction	ORA	Common Stock	Disposed to Issuer	$86,214	-1,024	-11%	$84.19	7,955	19 May 2023	Direct
transaction	ORA	Common Stock	Sale	$28,500	-337	-4.2%	$84.57	7,618	19 May 2023	Direct	F1
transaction	ORA	Common Stock	Sale	$133,468	-1,581	-21%	$84.42	6,037	19 May 2023	Direct

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	-1,361	-100%	$0.000000^*	0	19 May 2023	Common Stock	1,361	$63.35	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in column 4 is weighted average price. These shares were sold in multiple transactions, at prices ranging from $84.39 to $84.46, inclusive. The reporting person undertakes to provide Ormat Technologies, Inc., any of its security holders, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price set forth in this footnote.

Content

The price reported in column 4 is weighted average price. These shares were sold in multiple transactions, at prices ranging from $84.39 to $84.46, inclusive. The reporting person undertakes to provide Ormat Technologies, Inc., any of its security holders, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price set forth in this footnote.