Sullivan Bob 4
4 · ORMAT TECHNOLOGIES, INC. · Filed Nov 8, 2018
Insider Transaction Report
Form 4
Sullivan Bob
EVP Sales Marketing BD
Transactions
- Sale
Common Stock
2018-11-08$51.89/sh−23$1,193→ 311 total - Exercise/Conversion
Common Stock
2018-11-07+334→ 334 total - Exercise/Conversion
Restricted Stock Units
2018-11-07−334→ 1,003 totalFrom: 2018-11-07→ Common Stock (334 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represent the right to receive per share of ORA common stock upon vesting. The restricted stock units vest 25% on each of the one, two, three and four year anniversaries of the date of grant (November 7, 2017)
- [F2]Represents shares of common stock sold in the open market on November 8, 2018, in order to satisfy the reporting person's tax withholding obligation in connection with the vesting of the RSUs