Blachar Doron's Form 4 filing
Ormat Technologies, Inc. (ORA) · filed Jun 3, 2022
- Accession no.
- 0001437749-22-014300
- Filed
- Jun 3, 2022
- Trade date
- Jun 1-2, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 9 non-derivative transactions and 2 derivative transactions. Open-market sales total $1.74M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Blachar DoronCIK 0001571480 | Officer (Chief Executive Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 1, 2022 | Common Stock | MOption exerciseAcquired | +38,823 | $42.87 | +$1,664,342.01 | 48,494 | Direct | |
| Jun 1, 2022 | Common Stock | DReturned to the companyDisposed | −19,823 | $83.96 | −$1,664,339.08 | 28,671 | Direct | |
| Jun 1, 2022 | Common Stock | SSaleDisposed | −7,434 | $83.43F1,F2 | −$620,218.62 | 21,237 | Direct | |
| Jun 1, 2022 | Common Stock | SSaleDisposed | −8,366 | $83.98F2,F3 | −$702,576.68 | 12,871 | Direct | |
| Jun 1, 2022 | Common Stock | SSaleDisposed | −3,200 | $84.81F2,F4 | −$271,392 | 9,671 | Direct | |
| Jun 2, 2022 | Common Stock | MOption exerciseAcquired | +3,677 | $42.87 | +$157,632.99 | 13,348 | Direct | |
| Jun 1, 2022 | Common Stock | DReturned to the companyDisposed | −1,885 | $83.62 | −$157,623.7 | 11,463 | Direct | |
| Jun 2, 2022 | Common Stock | SSaleDisposed | −1,331 | $83.02F2,F5 | −$110,499.62 | 10,132 | Direct | |
| Jun 2, 2022 | Common Stock | SSaleDisposed | −461 | $83.72F2,F6 | −$38,594.92 | 9,671 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 1, 2022 | Common Stock | MOption exerciseDisposed | −38,823 | $0.00 | $0 | 3,677 | Direct | |
| Jun 2, 2022 | Common Stock | MOption exerciseDisposed | −3,677 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.00 to $83.69, 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.
Referenced by the price of 1 transaction in Table I.
- F2
These sales were made pursuant to a Rule 10b5-1 plan.
Referenced by the price of 5 transactions in Table I.
- F3
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.70 to $84.19, 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.
Referenced by the price of 1 transaction in Table I.
- F4
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.20 to $85.19, 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.
Referenced by the price of 1 transaction in Table I.
- F5
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.545 to $83.54, 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.
Referenced by the price of 1 transaction in Table I.
- F6
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.55 to $84.22, 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.
Referenced by the price of 1 transaction in Table I.
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.