Ormat Technologies : FORM 4-STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP- Hatzir Shimon

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

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility

(Print or Type Responses)

Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

1.

Name and Address of Reporting Person*

2.

Issuer Name and Ticker or Trading Symbol

5. Relationship of Reporting Person(s) to Issuer

(Check all applicable)

Hatzir

Shimon

Ormat Technologies, Inc. [ORA]

Director

10% Owner

X

Officer (give

Other (specify

(Last)

(First)

(Middle)

3.

Date of Earliest Transaction Required

4.

If Amendment, Date Original Filed

title below)

below)

c/o Ormat Technologies, Inc.

to be Reported (Month/Day/Year)

(Month/Day/Year)

Executive Vice President - Electricity

6140 Plumas St

12/31/2022

Segment

(Street)

6. Individual or Joint/Group Filing (Check Applicable Line)

RENO

NEVADA

89519-6075

X

Form filed by One Reporting Person

Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.

Title of Security

2. Trans-

2A. Deemed

3.

Transaction

4. Securities Acquired (A)

5.

Amount of

6. Owner-

7. Nature

(Instr. 3)

action

Execution

Code (Instr. 8)

or Disposed of (D)

Securities

ship

of In-

Date

Date,

(Instr. 3, 4 and 5)

Beneficially

Form:

direct

(Month/

if any

(A) or

Owned

Direct (D)

Bene-

Day/

(Month/

Following

or

ficial

(D)

Year)

Day/

Code

V

Amount

Price

Reported

Indirect

Owner-

Year)

Transaction(s)

(I)

ship

(Instr. 3 and 4)

(Instr. 4)

(Instr. 4)

Common Stock

12/31/2022

M

1,052

A

0

1,052

D

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).
  Potential persons who are to 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.

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned

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

1. Title of Derivative

2. Conversion

3. Trans-

3A.Deemed

4.

Transaction

5. Number of

6. Date Exercisable and

7. Title and Amount of

8. Price of

9. Number of

10. Owner-

11. Nature

Security (Instr. 3)

or Exercise

action

Execution

Code (Instr. 8)

Deriva-

Expiration Date

Underlying Securities

Deriv-

Derivative

ship Form

of Indirect

Price of

Date

Date, if any

tive Securities

(Month/Day/Year)

(Instr. 3 and 4)

ative Secu-

Securities

of Deriva-

Beneficial

Derivative

(Month/

Acquired (A) or

rity

Beneficially

tive

Owner-

Security

(Month/

Day/

Disposed of (D)

(Instr. 5)

Owned

Security:

ship (Instr.

Day/

Year)

(Instr. 3, 4 and 5)

Date Exer-

Expiration

Amount or

Following

Direct (D)

4)

Year)

Title

Number of

Reported

or Indirect

cisable

Date

Shares

Transac-

(I) (Instr.

Code

V

(A)

(D)

tion(s)

4)

(Instr. 4)

Restricted Stock

(1)

12/31/2022

M

1,052

(2)

(2)

Common

1,052

$0

1,052

D

Units

Stock

Explanation of Responses (footnotes):

(1) Each Restricted Stock Unit represents the right to receive one share of ORA common stock upon vesting.

(2) This portion of Restricted Stock Units vested on December 31, 2022, being the second-year anniversary of the date of grant.

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations.

See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
	/s/ Ehud Ben Yemini - as attorney-in-fact	01/02/2023
	**Signature of Reporting Person	Date
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.
			Page 2
Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

WEST21612598.1