FORM 4
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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OMB APPROVAL
OMB Number: 3235-0287 Estimated average burden hours per response... 0.5 |
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1. Name and Address of Reporting Person
*
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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) |
C/O ORMAT TECHNOLOGIES, INC., 6225 NEIL ROAD |
3. Date of Earliest Transaction
(MM/DD/YYYY)
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RENO, NV 89511 |
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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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 II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) |
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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 Option ( Right to Buy) | $19.69 | 8/1/2012 | 8/1/2013 | A | 7500 | 8/1/2013 | 8/1/2019 | Common Stock | 7500 | $0 | 7500 | D |
Explanation of Responses: |
Remarks:
Etty Rosner is signing on behalf of Mr. Granot pursuant to a power of attorney dated June 3, 2012, filed as an exhibit hereto. |
Reporting Owners
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Reporting Owner Name / Address |
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Director | 10% Owner | Officer | Other | ||
Granot David
C/O ORMAT TECHNOLOGIES, INC. 6225 NEIL ROAD RENO, NV 89511 |
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Signatures
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/s/ Etty Rosner | 8/3/2012 | |
** Signature of Reporting Person |
Date
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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. |
Exhibit 24
POWER OF ATTORNEY
The undersigned, as a
Section 16 reporting person of
Ormat Technologies, Inc
., (the
“Company”), hereby constitutes and appoints,
Connie Stechman and
Etty Rosner
, and each of them, the undersigned’s true and lawful
attorney-in-fact and agent, with full power to act, together or separately,
each without the others, to:
1. Complete and
execute Forms 3, 4, 5 and 144 and Form ID (Uniform Application for Access
Codes to File on EDGAR) and other forms and all amendments thereto as such
attorney-in-fact shall in his or her discretion determine to be required or
advisable pursuant to Section 16(a) of the Securities Exchange Act of 1934, as
amended (the “Exchange Act”), and the rules and regulations
promulgated thereunder, or any successor laws and regulations, as a consequence
of the undersigned’s ownership, acquisition or disposition of securities
of the Company;
2. Do and perform
any and all acts for and on the behalf of the undersigned which may be
necessary or desirable in order to complete and execute any such form, complete
and execute any amendments thereto, and timely file such forms with the
Securities and Exchange Commission, any securities exchange or national
association, the Company and such other person or agency as the
attorney-in-fact shall deem appropriate; and
3.
Take any other action of any type whatsoever in connection with the foregoing
which, in the opinion of such attorney-in-fact, may be of benefit to, in the
best interest of, or legally required by, the undersigned, it being understood
that the documents executed by such attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in such form and shall
contain such terms and conditions as such attorney-in-fact may approve in such
attorney-in-fact’s discretion.
The undersigned hereby
grants to each such attorney-in-fact full power and authority to do and perform
any and every act and thing whatsoever requisite, necessary, or proper to be
done in the exercise of any of the rights and powers herein granted, as fully
to all intents and purposes as the undersigned might or could do if personally
present, with full power of substitution or revocation, hereby ratifying and
confirming all that such attorney-in-fact, or such attorney-in-fact’s
substitute or substitutes, shall lawfully do or cause to be done by virtue of
this Power of Attorney and the rights and powers herein granted. The
undersigned acknowledges that the foregoing attorneys-in-fact, in serving in
such capacity at the request of the undersigned, are not assuming, nor is the
Company assuming, any of the undersigned’s responsibilities to comply
with Section 16 of the Exchange Act.
This Power of Attorney
shall remain in full force and effect until the undersigned is no longer
required to file Forms 3, 4, 5 or 144 with respect to the undersigned’s
holdings of and transactions in securities issued by the Company, unless
earlier revoked by the undersigned in a signed writing delivered to the Company
and the foregoing attorneys-in-fact.
IN WITNESS WHEREOF, I,
the undersigned, have executed this Power of Attorney as of this 3
rd
day of June, 2012.
/s/ David Granot
David Granot