FALK DAN 4
4 · ORMAT TECHNOLOGIES, INC. · Filed Jun 2, 2022
Insider Transaction Report
Form 4
FALK DAN
Director
Transactions
- Exercise/Conversion
Common Stock
2022-06-02+1,581→ 3,595 total - Exercise/Conversion
Restricted Stock Units
2022-06-02−1,581→ 0 total→ Common Stock (1,581 underlying)
Footnotes (2)
- [F1]The Reporting Person's restricted stock units (the "RSUs") were initially set to vest in their entirety on November 3, 2022, the one-year anniversary of the date of grant. The vesting of the common stock underlying the RSUs was accelerated to June 2, 2022, in connection with the Reporting Person's previously-announced departure from the Issuer following the annual meeting of stockholders on such date, as previously approved by the compensation committee of the board of directors of the Issuer.
- [F2]Each RSU represented the right to receive one share of the Issuer's common stock upon vesting.