Shimon Hatzir - Dec 31, 2023 Form 4 Insider Report for ORMAT TECHNOLOGIES, INC. (ORA)

Role
EVP, Electricity Segment
Signature
/s/ Jessica Woelfel - as attorney-in-fact
Stock symbol
ORA
Transactions as of
Dec 31, 2023
Transactions value $
$0
Form type
4
Date filed
1/2/2024, 04:56 PM
Previous filing
Mar 23, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORA Common Stock Options Exercise $0 +526 +37.3% $0.00 1.94K Dec 31, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ORA Restricted Stock Units Options Exercise $0 -526 -50.05% $0.00 525 Dec 31, 2023 Common Stock 526 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 December 31, 2023, being the third anniversary of the date of grant. These Restricted Stock Units were granted on December 31, 2020 and vested 50% on the second anniversary of the grant date, 25% on the third anniversary of the grant date, and will vest 25% on the fourth anniversary of the grant date.