Argas Shlomi 4
4 · ORMAT TECHNOLOGIES, INC. · Filed Mar 1, 2023
Insider Transaction Report
Form 4
Argas Shlomi
E.V.P., Projects
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-03-01−358→ 1,073 total→ Common Stock (358 underlying) - Exercise/Conversion
Common Stock
2023-03-01+358→ 6,727 total
Footnotes (2)
- [F1]Each Restricted Stock Unit represents the right to receive one share of ORA common stock upon vesting.
- [F2]This portion of Restricted Stock Units vested on March 1, 2023, being the first-year anniversary of the date of grant. These Restricted Stock Units were granted on March 1, 2022 and vest 25% on each of the first, second, third and fourth anniversaries of the grant date. These Restricted Stock Units were initially reported by the reporting person on a Form 4 filed with the SEC on March 3, 2022, but due to an administrative error, the Form 4 incorrectly stated that the Restricted Stock Units vest 33% on the second anniversary of the grant date and 67% on the third anniversary of the date of grant.