Form 4 for ORA ORMAT TECHNOLOGIES, INC.
Accepted 2023-03-01 00:00:00 ET · period of report 2023-03-01 · accession 0001437749-23-005149 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-03-01 | 2023-03-01 | ORA | Hatzir Shimon | EVP, Electricity Segment | M - OptEx | $0.00 | +358 | 1,410 | +34% | $0 |
| D | 2023-03-01 | 2022-03-01 | ORA | Hatzir Shimon | EVP, Electricity Segment | A - Grant | $0.00 | +1,500 | 1,500 | New | $0 |
| D | 2023-03-01 | 2023-03-01 | ORA | Hatzir Shimon | EVP, Electricity Segment | M - OptEx | $0.00 | -358 | 1,073 | -25% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-03-01 | M | A | 358 | $0.00 | 1,410 | D | — | — | |
| 2 | Derivative | Restricted Stock Units | 2022-03-01 | A | A | 1,500 | $0.00 | 1,500 | D | — · — to — | 1,500 Common Stock | (F1) Each Restricted Stock Unit represents the right to receive one share of ORA common stock upon vesting. (F2) These Restricted Stock Units vest 33% on the second anniversary of the grant date and 67% on the third anniversary of the grant date. |
| 3 | Derivative | Restricted Stock Units | 2023-03-01 | M | D | 358 | $0.00 | 1,073 | D | — · — to — | 358 Common Stock | (F1) Each Restricted Stock Unit represents the right to receive one share of ORA common stock upon vesting. (F3) 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. |