0001437749-21-008063.txt : 20210402 0001437749-21-008063.hdr.sgml : 20210402 20210402060407 ACCESSION NUMBER: 0001437749-21-008063 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210401 FILED AS OF DATE: 20210402 DATE AS OF CHANGE: 20210402 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hatzir Shimon CENTRAL INDEX KEY: 0001308075 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32347 FILM NUMBER: 21800472 MAIL ADDRESS: STREET 1: 6225 NEIL ROAD, SUITE 300 STREET 2: C/O ORMAT TECHNOLOGIES, INC. CITY: RENO STATE: NV ZIP: 89511 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ORMAT TECHNOLOGIES, INC. CENTRAL INDEX KEY: 0001296445 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 880326081 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 6140 PLUMAS STREET CITY: RENO STATE: NV ZIP: 89519-6075 BUSINESS PHONE: 775-356-9029 MAIL ADDRESS: STREET 1: 6140 PLUMAS STREET CITY: RENO STATE: NV ZIP: 89519-6075 3 1 rdgdoc.xml FORM 3 X0206 3 2021-04-01 0 0001296445 ORMAT TECHNOLOGIES, INC. ORA 0001308075 Hatzir Shimon 6140 PLUMAS STREET RENO NV 89519 1 EVP, Electricity Segment Stock Appreciation Rights 42.8700 2018-06-14 2022-06-14 Common Stock 10625 D Stock Appreciation Rights 53.1600 2020-11-07 2024-11-07 Common Stock 20000 D Stock Appreciation Rights 69.1400 2022-06-15 2026-06-15 Common Stock 20000 D Stock Appreciation Rights 90.2800 2022-12-31 2026-12-31 Common Stock 573 D Restricted Stock Units Common Stock 2103 D Performance Stock Units Common Stock 1952 D The stock appreciation rights vest 50% on the second anniversary of the grant date and 25% on each third and fourth anniversaries of the date of grant. Each restricted stock unit represents the right to receive one share of ORA common stock upon vesting. The restricted stock units vest 50% on the second anniversary of the grant date and 25% on each third and fourth anniversaries of the date of grant. Each performance stock unit represents the right to receive one share of ORA common stock upon vesting. The Performance stock units vest 50% on the second anniversary of the grant date and 25% on each third and fourth anniversaries of the date of grant Etty Rosner is signing on behalf of Mr. Hatzir pursuant to a power of attorney dated March 23, 2021, attached hereto. /s/ Etty Rosner As Attorney -in-Fact 2021-04-02 EX-24 2 ora20210401_sec16.htm ora20210401_sec16.htm

 

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, Etty Rosner and Jessica Woelfel, 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 other, 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 3, 4, 5 or 144, complete and execute any amendments thereto, and timely file such forms with the United States Securities and Exchange Commission, any securities exchange or national association or similar authority 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 and the rules thereunder.

 

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 each of the foregoing attorneys-in-fact.

 

 

IN WITNESS WHEREOF, I, the undersigned, have executed this Power of Attorney as of this 23 day of March 2021.

 

  /s/ Shimon Hatzir
  Shimon Hatzir