SEC Form 4 · accession 0001178913-16-006603
ORMAT TECHNOLOGIES, INC. · ORA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gillon Beck
Director · 10% Owner
Period of report
Sep 28, 2016
Accepted (ET)
Sep 30, 2016 · 6:03 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001296445
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per shareF1,F2 | Sep 28, 2016 | S | 390,000 | $48.64 | D | 6,924,118 | I | By FIMI ENRG, L.P. and FIMI ENRG, Limited Partnership |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person, a member of the board of directors of the Issuer, is also an officer of FIMI IV 2007 Ltd., the general partner of each of FIMI ENRG, L.P. ("FIMI ENRG 1") and FIMI ENRG, Limited Partnership ("FIMI ENRG 2"). On September 28, 2016, FIMI IV 2007 Ltd., FIMI ENRG 1, FIMI ENRG 2 and Ishay Davidi (the "FIMI Entities") sold 390,000 shares of common stock, par value $0.001 per share ("Shares"), of the Issuer. The reporting person disclaims beneficial ownership of the reported securities.
- F2Due to certain agreements with Bronicki Investments Ltd ("Bronicki") the FIMI Entities may be deemed to beneficially own 3,526,959 Shares beneficially owned by Bronicki, which together with the 6,924,118 Shares beneficially owned by the FIMI Entities represent approximately 21.06% of the Issuer's outstanding Shares. The FIMI Entities and the reporting person disclaim beneficial ownership of all Shares owned by Bronicki.
Remarks
1. Etty Rosner is signing on behalf of Mr. Beck pursuant to a power of attorney dated June 1, 2012.