ORMAT TECHNOLOGIES, INC. 4
4 · ORMAT TECHNOLOGIES, INC. · Filed Sep 30, 2016
Insider Transaction Report
Form 4
Beck Gillon
Director
Transactions
- Sale
Common Stock, par value $0.001 per share
2016-09-28$48.64/sh−390,000$18,969,600→ 6,924,118 total(indirect: By Partnership)
Footnotes (2)
- [F1]The reporting person, a member of the board of directors of the Issuer, is also an officer of FIMI IV 2007 Ltd., the general partner of each of FIMI ENRG, L.P. ("FIMI ENRG 1") and FIMI ENRG, Limited Partnership ("FIMI ENRG 2"). On September 28, 2016, FIMI IV 2007 Ltd., FIMI ENRG 1, FIMI ENRG 2 and Ishay Davidi (the "FIMI Entities") sold 390,000 shares of common stock, par value $0.001 per share ("Shares"), of the Issuer. The reporting person disclaims beneficial ownership of the reported securities.
- [F2]Due to certain agreements with Bronicki Investments Ltd ("Bronicki") the FIMI Entities may be deemed to beneficially own 3,526,959 Shares beneficially owned by Bronicki, which together with the 6,924,118 Shares beneficially owned by the FIMI Entities represent approximately 21.06% of the Issuer's outstanding Shares. The FIMI Entities and the reporting person disclaim beneficial ownership of all Shares owned by Bronicki.