SEC Form 4 · accession 0001437749-17-018991
ORMAT TECHNOLOGIES, INC. · ORA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Doron Blachar
Officer — CFO
Period of report
Nov 7, 2017
Accepted (ET)
Nov 9, 2017 · 9:43 pm EST
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Nov 7, 2017 | A | 9,671 | A | — | — | Common Stock | 9,671 | 52,171 | D |
| Stock Appreciation RightsF3 | $63.35 | Nov 7, 2017 | A | 68,252 | A | Nov 7, 2019 | Nov 7, 2023 | Common Stock | 68,252 | 120,423 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive one share of ORA common stock upon vesting.
- F2The restricted stock units vest 25% on each of the one, two, three and four year anniversaries of the date of grant.
- F3The stock appreciation rights vest 25% on each of the one, two, three and four year anniversaries of the date of grant.
Remarks
Etty Rosner is signing on behalf of Mr. Blachar pursuant to a power of attorney dated April 2, 2013.