Orix Corp - Nov 21, 2022 Form 4 Insider Report for ORMAT TECHNOLOGIES, INC. (ORA)

Role: 10%+ Owner
Signature: /s/ ORIX Corporation, By: /s/ Hidetake Takahashi, Managing Executive Officer
Stock symbol: ORA
Transactions as of: Nov 21, 2022
Transactions value $: -$329,062,500
Form type: 4
Date filed: 11/23/2022, 05:05 AM
Next filing: Nov 29, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ORA	Common Stock, par value $0.001 per share	Sale	-$329M	-3.75M	-34.13%	$87.75	7.24M	Nov 21, 2022	Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On November 21, 2022, ORIX Corporation ("ORIX") sold 3,750,000 of their shares of common stock, par value $0.001 per share ("Shares") of the Issuer pursuant to that certain Underwriting Agreement by and among ORIX and BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives of certain underwriters, dated November 16, 2022. The underwriters have an option to purchase up to an additional 562,500 Shares for a period of 30 days after November 16, 2022 ("Over-Allotment Option").
F2	The sales price of $87.75 represents the $90.00 public offering price per Share, less the underwriting discount of $2.25 per Share.
F3	In addition to the reported transaction, 562,500 Shares continuing to be held by the Reporting Person are subject to the Over-Allotment Option.