Shimon Hatzir - 31 Dec 2023 Form 4 Insider Report for ORMAT TECHNOLOGIES, INC. (ORA)

Role
EVP, Electricity Segment
Signature
/s/ Jessica Woelfel - as attorney-in-fact
Issuer symbol
ORA
Transactions as of
31 Dec 2023
Net transactions value
$0
Form type
4
Filing time
02 Jan 2024, 16:56:49 UTC
Previous filing
23 Mar 2023
Next filing
05 Mar 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 Options Exercise $0 +526 +37% $0.000000 1,936 31 Dec 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 Restricted Stock Units Options Exercise $0 -526 -50% $0.000000 525 31 Dec 2023 Common Stock 526 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents the right to receive one share of ORA common stock upon vesting.
F2 This portion of Restricted Stock Units vested on December 31, 2023, being the third anniversary of the date of grant. These Restricted Stock Units were granted on December 31, 2020 and vested 50% on the second anniversary of the grant date, 25% on the third anniversary of the grant date, and will vest 25% on the fourth anniversary of the grant date.