SEC Form 4 · accession 0001437749-16-026238
ORMAT TECHNOLOGIES, INC. · ORA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shimon Hatzir
Officer — Executive V.P. Engineering.
Period of report
Feb 26, 2016
Accepted (ET)
Feb 29, 2016 · 6:06 am EST
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 | Feb 26, 2016 | M | 9,000 | $34.14 | A | 9,000 | D | |
| Common stock | Feb 26, 2016 | S | 9,000 | $39.30 | D | 0 | D | |
| Common stock | Feb 26, 2016 | M | 5,014 | $23.34 | A | 5,014 | D | |
| Common stock | Feb 26, 2016 | S | 2,507 | $39.40 | D | 2,507 | D | |
| Common stock | Feb 26, 2016 | S | 2,507 | $39.20 | D | 0 | D | |
| Common stock | Feb 26, 2016 | M | 2,778 | $29.95 | A | 2,778 | D | |
| Common stock | Feb 26, 2016 | S | 2,778 | $39.30 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Right | $23.34 | Feb 26, 2016 | M | 12,500 | D | Jun 4, 2015 | Jun 4, 2019 | Common Stock | 5,014 | 0 | D |
| Insentive Stock Option | $34.13 | Feb 26, 2016 | M | 9,000 | D | Apr 7, 2008 | Apr 7, 2016 | Common Stock | 9,000 | 0 | D |
| Stock Appreciation Right | $29.95 | Feb 26, 2016 | M | 12,000 | D | Apr 16, 2012 | Apr 16, 2017 | Common Stock | 2,778 | 12,000 | D |
Remarks
Etty Rosner is signing on behalf of Shimon Hatzir pursuant to a power of attorney dated 09/27/06.