SEC Form 4 · accession 0001437749-16-033895
ORMAT TECHNOLOGIES, INC. · ORA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zvi Krieger
Officer — E.V.P. Electricty Segment
Period of report
Jun 14, 2016
Accepted (ET)
Jun 15, 2016 · 4:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001296445
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF2,F1 | $42.87 | Jun 14, 2016 | A | 42,500 | A | Jun 14, 2018 | Jun 14, 2022 | Common Stock | 42,500 | 67,500 | D |
Explanation of responses
- F1The Stock Appreciation Rights will vest and become exercisable according to the following schedule: 50% on June 14, 2018, 25% on June 14, 2019 and 25% on June 14, 2020.
- F2This includes balance of 25,000 Stock Appreciation Rights granted on June 4, 2013 at exercise price of $23.34 ea that will vest on June 4, 2017.
Remarks
Etty Rosner is signing on behalf of Kriger Zvi pursuant to a power of attorney dated 09/27/06.