SEC Form 4 · accession 0001437749-18-020115
ORMAT TECHNOLOGIES, INC. · ORA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd C. Freeland
Director
Period of report
Nov 7, 2018
Accepted (ET)
Nov 8, 2018 · 5:28 pm 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 StockF1 | Nov 7, 2018 | M | 763 | $0.00 | A | 763 | D |
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 | — | Nov 7, 2018 | M | 763 | D | Nov 7, 2018 | — | Common Stock | 763 | 0 | D |
| Restricted Stock UnitsF2 | — | Nov 7, 2018 | A | 2,738 | D | Nov 7, 2019 | — | Common Stock | 2,738 | 2,738 | D |
| Stock Appreciation rightF3 | $53.16 | Nov 7, 2018 | A | 2,431 | D | Nov 7, 2019 | Nov 7, 2024 | Common Stock | 2,431 | 2,431 | D |
Explanation of responses
- F1Each restricted stock unit represent the right to receive per share of ORA common stock upon vesting. The restricted stock units vested on November 7, 2018, the one-year anniversary of the date of grant.
- F2Each restricted stock unit represent the right to receive per share of ORA common stock upon vesting. The restricted stock units (The "RSUs") will vest (100%) on November 7, 2019, one-year anniversary of the date of grant.
- F3The stock appreciation rights vest 100% on the one-year anniversary of the date of grant.