Isaac Angel - 07 Sep 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
07 Sep 2023
Net transactions value
+$564
Form type
4
Filing time
11 Sep 2023, 19:25:38 UTC
Previous filing
07 Sep 2023
Next filing
02 Nov 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 $184,510 +3,345 +8% $55.16 45,278 07 Sep 2023 Direct
transaction ORA Common Stock Disposed to Issuer $184,487 -2,477 -97% $74.48* 74 07 Sep 2023 Direct
transaction ORA Common Stock Sale $32,960 +439 +1% $75.08 42,362 07 Sep 2023 Direct F1, F2
transaction ORA Common Stock Sale $32,420 -429 -1% $75.57 41,933 07 Sep 2023 Direct F2, F3

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 (SARs) Options Exercise $0 -3,345 -100% $0.000000* 0 07 Sep 2023 Common Stock 3,345 $55.16 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 a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.41 to $75.39, inclusive. The reporting person undertakes to provide to Ormat Technologies, Inc. (the "Company"), any securityholder of the Company or the staff of the Securities and Exchange Commission ("SEC Staff"), upon request, full information regarding the number of shares sold at each price within the range specified herein.
F2 These sales were made pursuant to a Rule 10b5-1 plan adopted by the reporting person on April 2, 2023.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.41 to $76.05, inclusive. The reporting person undertakes to provide to the Company, any securityholder of the Company or the SEC Staff, upon request, full information regarding the number of shares sold at each price within the range specified herein.