FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      
1. Name and Address of Reporting Person * Angel Isaac 2. Issuer Name and Ticker or Trading Symbol ORMAT TECHNOLOGIES, INC. [ ORA ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)
C/O ORMAT TECHNOLOGIES, INC., 6140 PLUMS ST.
3. Date of Earliest Transaction (MM/DD/YYYY)
6/3/2022
(Street)
RENO, NV 89519-6075
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock  6/3/2022    M    16966  A $42.87  56581  D   
Common Stock  6/3/2022    D    8766  D $82.97  47815  D   
Common Stock  6/3/2022    S    4501  D $82.54 (1)(2) 43314  D   
Common Stock  6/3/2022    S    3699  D $82.84 (2)(3) 39615  D   
Common Stock  6/6/2022    M    19745  A $42.87  59360  D   
Common Stock  6/6/2022    D    10243  D $82.64  49117  D   
Common Stock  6/6/2022    S    2101  D $81.20 (2)(4) 47016  D   
Common Stock  6/6/2022    S    6901  D $81.96 (2)(5) 40115  D   
Common Stock  6/6/2022    S    500  D $83.26 (2)(6) 39615  D   

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Appreciation Rights (SARs)  $42.87  6/3/2022    M        16966   6/14/2018  6/14/2022  Common Stock  16966  $0  19745  D   
Stock Appreciation Rights (SARs)  $42.87  6/6/2022    M        19745   6/14/2018  6/14/2022  Common Stock  19745  $0  0  D   

Explanation of Responses:
(1)  The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.13 to $82.69, 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.
(2)  These sales were made pursuant to a Rule 10b5-1 plan.
(3)  The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.70 to $83.20, inclusive. The reporting person undertakes to provide to the Company, any securityholder of the Company or SEC Staff, upon request, full information regarding the number of shares sold at each price within the range specified herein.
(4)  The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.66 to $81.62, inclusive. The reporting person undertakes to provide to the Company, any securityholder of the Company or SEC Staff, upon request, full information regarding the number of shares sold at each price within the range specified herein.
(5)  The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.65 to $82.54, inclusive. The reporting person undertakes to provide to the Company, any securityholder of the Company or SEC Staff, upon request, full information regarding the number of shares sold at each price within the range specified herein.
(6)  The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.88 to $83.65, inclusive. The reporting person undertakes to provide to the Company, any securityholder of the Company or SEC Staff, upon request, full information regarding the number of shares sold at each price within the range specified herein.

Remarks:
The reporting person exercised the SARs and sold the underlying shares of common stock into the open market in light of the impending expiration of the SARs on June 14, 2022.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Angel Isaac
C/O ORMAT TECHNOLOGIES, INC.
6140 PLUMS ST.
RENO, NV 89519-6075
X



Signatures
/s/ Ehud Ben Yemini as Attorney -in-Fact 6/7/2022
**Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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