4//SEC Filing
Angel Isaac 4
Accession 0001437749-23-025417
CIK 0001296445other
Filed
Sep 6, 8:00 PM ET
Accepted
Sep 7, 6:40 PM ET
Size
17.4 KB
Accession
0001437749-23-025417
Insider Transaction Report
Form 4
Angel Isaac
Director
Transactions
- Exercise/Conversion
Common Stock
2023-09-05$55.16/sh+96,353$5,314,831→ 138,286 total - Exercise/Conversion
Common Stock
2023-09-06$55.16/sh+103,313$5,698,745→ 145,246 total - Sale
Common Stock
2023-09-06$74.42/sh−22,399$1,666,934→ 47,347 total - Exercise/Conversion
Stock Appreciation Rights (SARs)
2023-09-06−103,313→ 3,345 totalExercise: $55.16From: 2018-11-07Exp: 2023-11-07→ Common Stock (103,313 underlying) - Disposition to Issuer
Common Stock
2023-09-05$75.70/sh−70,209$5,314,821→ 68,077 total - Disposition to Issuer
Common Stock
2023-09-06$75.48/sh−75,500$5,698,740→ 69,746 total - Sale
Common Stock
2023-09-06$75.41/sh−5,414$408,270→ 41,933 total - Exercise/Conversion
Stock Appreciation Rights (SARs)
2023-09-05−96,353→ 106,658 totalExercise: $55.16From: 2018-11-07Exp: 2023-11-07→ Common Stock (96,353 underlying)
Footnotes (5)
- [F1]On September 5, 2023, the reporting person exercised 96,353 stock appreciation rights, and then immediately sold 26,144 shares received from such exercise. In a Form 4 filed on September 6, 2023 (the "Prior Form 4"), the reporting person previously reported such sale of 26,144 shares, but omitted the prior exercise of the stock appreciation rights. This Form 4 timely reports the exercise, and so column 5 of this row reflects the amount of shares beneficially owned prior to such sale of 26,144 shares.
- [F2]Due to the circumstances described in footnote 1, column 5 of this row is based on the amount of shares beneficially owned after the sale of 26,144 shares, which was reported in the Prior Form 4 and so is not repeated here. The amount of shares beneficially owned after the sale of 26,144 shares reported in the prior Form 4 should have been 41,933.
- [F3]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.10 to $75.06, inclusive. The reporting person undertakes to provide to Ormat Technologies, Inc. (the "Company"), any securityholder of the Company or the staff of the Securities and Exchange Commission ("SEC Staff"), upon request, full information regarding the number of shares sold at each price within the range specified herein.
- [F4]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.11 to $75.73, inclusive. The reporting person undertakes to provide to the Company, any securityholder of the Company or the SEC Staff, upon request, full information regarding the number of shares sold at each price within the range specified herein.
- [F5]These sales were made pursuant to a Rule 10b5-1 plan adopted by the reporting person on 04-02-2023.
Documents
Issuer
ORMAT TECHNOLOGIES, INC.
CIK 0001296445
Entity typeother
Related Parties
1- filerCIK 0001380031
Filing Metadata
- Form type
- 4
- Filed
- Sep 6, 8:00 PM ET
- Accepted
- Sep 7, 6:40 PM ET
- Size
- 17.4 KB