Ofer Benyosef - 01 Mar 2024 Form 4 Insider Report for ORMAT TECHNOLOGIES, INC. (ORA)

Role
EVP - Energy Storage & BD
Signature
/s/ Jessica Woelfel, as attorney-in-fact
Issuer symbol
ORA
Transactions as of
01 Mar 2024
Net transactions value
$0
Form type
4
Filing time
05 Mar 2024, 19:15:39 UTC
Previous filing
16 May 2023
Next filing
21 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 +358 +8.5% $0.000000 4,551 01 Mar 2024 Direct F1, F2

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 -358 -33% $0.000000 716 01 Mar 2024 Common Stock 358 Direct F1, F2
transaction ORA Restricted Stock Units Award $0 +3,700 $0.000000 3,700 01 Mar 2024 Common Stock 3,700 Direct F3
* 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 March 1, 2024, being the second anniversary of the date of grant. These Restricted Stock Units were granted on March 1, 2022 and vest 25% on each of the first, second, third and fourth anniversaries of the grant date.
F3 The Restricted Stock Units vest 33.33% on the first and second anniversary of the grant date and will vest 33.34% on the third anniversary of the grant date.