The stock appreciation right vested 50% on 08/08/2021, and will vest 25% and 25% on 08/08/2022 and 08/08/2023, respectively
The stock appreciation right will vest 50%, 25% and 25% on 06/15/2022, 06/15/2023 and 06/15/2024, respectively
The stock appreciation right will vest 50%, 25% and 25% on 03/31/2023, 03/31/2024 and 03/31/2025, respectively
Remarks:
Ex. 24.1 Power of Attorney
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78(ff)(a).
Note: File three copies of this form, one of which must be manually signed. If space provided is insufficient,
See Instructure 6 for procedure.
Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays currently valid OMB number.
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/s/ Ehud Ben Yemini as Attorney-in-Fact
02/03/2022
**Signature of Reporting Person
Date
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Ormat Technologies Inc. published this content on 04 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 February 2022 01:15:09 UTC.
Ormat Technologies, Inc. is a geothermal company that is engaged in geothermal and recovered energy generation (REG). The Company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter, a power generation unit that converts low, medium and high-temperature heat into electricity. It owns or has installed for utilities and developers worldwide, totaling approximately 3,200 megawatts (MW) of gross capacity. Its segments include Electricity Segment, Product Segment and Energy Storage Segment. Electricity segment develops, builds, owns, and operates geothermal and solar Photovoltaic (PV). Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation. Energy Storage segment owns and operates a grid connected In Front of the Meter (IFM) Battery Energy Storage System (BESS) facilities. Its portfolio includes 1,385 MW with 1,215 MW geothermal and solar generation.