SEC Form 4/A · accession 0001437749-17-020305
ORMAT TECHNOLOGIES, INC. · ORA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Isaac Angel
Officer — CEO
Period of report
Dec 5, 2017
Accepted (ET)
Dec 7, 2017 · 1:18 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 UnitF1 | — | Nov 7, 2017 | A | 0 | A | — | — | Common Stock | 34,500 | 0 | D |
| Stock Appreciation RightsF1 | $63.35 | Nov 7, 2017 | A | 0 | A | — | — | Common Stock | 243,500 | 100,000 | D |
Explanation of responses
- F1This report is being filed solely in respect of the rescission and voiding by the Board of Directors of Ormat Technolgies Inc. ( the "Company") on December 5, 2017 of 243,300 stock appreciation rights and 34,500 restricated stock units previously granted to Mr. Angel and reported on Form 4 filed with the Securties and Exchange Commission on November 9, 2017. The Board of Directors of the Company rescinded and voided the enirety of these awards made to Mr. Angel since the awards exceeded the annual limit under the Company's Amended and Restated 2012 Incentive Compensation Plan.
Remarks
Etty Rosner is signing on behalf of Mr.Angel pursuant to a power of attorney dated March 4, 2014.