ORMAT TECHNOLOGIES, INC. 4
4 · ORMAT TECHNOLOGIES, INC. · Filed Jun 16, 2016
Insider Transaction Report
Form 4
Rosner Etty
V.P., Corporate Secretary
Transactions
- Award
Stock Appreciation Rights (SARS)
2016-06-14+15,000→ 42,500 totalExercise: $42.87From: 2018-06-14Exp: 2022-06-14→ Common Stock (15,000 underlying)
Footnotes (2)
- [F1]The 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.
- [F2]This includes balance of 27,500 Stock Appreciation Rights granted on June 4, 2013 at excercise price of $23.34 ea out of which 2500 has vest and the balance of 25,000 will vest on June 4, 2017.