Ormat Technologies : Other Report or Announcement

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

• Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).See Instruction 10.

UNITED STATES

SECURITIES AND

EXCHANGE

COMMISSION

Washington, D.C. 20549

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STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the

Securities Exchange Act of 1934, or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person* Angel, Isaac

(Last)(First) (Middle)

c/o Ormat Technologies, Inc.

6140 Plums St.

(Street)

Reno NV 89519-6075

(City)

(State)

(Zip)

2.	Issuer Name and Ticker or Trading Symbol	5. Relationship of Reporting Person(s) to Issuer
Ormat Technologies, Inc. [ORA]	(Check all applicable)
3.	Date of Earliest Transaction (Month/Day/Year)	_X_ Director	___ 10% Owner
___ Officer (give title	___ Other (specify below)
	09/01/2023	below)
4.	If Amendment, Date Original Filed (Month/Day/Year)	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 I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)

Common Stock

Common Stock

Common Stock

Common Stock

Common Stock

2. Transaction	2A. Deemed	3.	4. Securities Acquired	5. Amount of Securities	6.	7. Nature
Date (Month /	Execution	Transaction	(A) or Disposed of (D)	Beneficially Owned	Ownership	of Indirect
Day / Year)	Date, if any	Code	(Instr. 3, 4 and 5)	Following Reported	Form:	Beneficial
	(Month / Day /	(Instr. 8)				Transaction(s)	Direct (D)	Ownership
	Year)			(A)		(Instr. 3 and 4)	or Indirect	(Instr. 4)
						(I)
				or
						(Instr. 4)
		Code V	Amount	(D)	Price
09/01/2023		M	91,888	A	$55.16	133,821	D
09/01/2023		D	66,744	D	$75.94	67,077	D
09/01/2023		S	7,178	D	$75.26	59,899	D
					(1) (4)
09/01/2023		S	17,966	D	$75.73	41,933	D
					(2) (4)
09/05/2023		S	26,144	D	$75.4974	15,789	D
					(3) (4)

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

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

1. Title of Derivative Security (Instr. 3)

Stock Appreciation Rights (SARs)

2.

3.

3A.

4.

5. Number

6. Date Exercisable and

7. Title and

8. Price

9. Number

10.

11. Nature

Conversion

Transaction

Deemed

Transaction

of

Expiration Date

Amount of

of

of

Ownership

of Indirect

or Exercise

Date

Execution

Code

Derivative

(Month / Day / Year)

Securities

Derivative

Derivative

Form of

Beneficial

Price of

(Month /

Date, if

(Instr. 8)

Securities

Underlying

Security

Securities

Derivative

Ownership

Derivative

Day / Year)

any

Acquired

Derivative

(Instr. 5)

Beneficially

Security:

(Instr. 4)

Security

(Month /

(A) or

Security

Owned

Direct (D)

Day /

Disposed

(Instr. 3 and 4)

Following

or Indirect

Year)

of (D)

Reported

(I)

(Instr. 3, 4,

Transaction

(Instr. 4)

and 5)

(s)

Amount

(Instr. 4)

or

Number

Date

Expiration

of

Code V

(A) (D)

Exercisable

Date

Title

Shares

$55.16

05/08/2018

M

91,888

11/07/2018

11/07/2023

Common

91,888

$0.00

203,011

D

Stock

Explanation of Responses:

1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.9950 to $75.45, 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.
2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.46 to $76.45, inclusive. The reporting person undertakes to provide to the Company, any securityholder of the Company or the SEC Staff, upon request, full information regarding the number of shares sold at each price within the range specified herein.
3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.05 to $75.80, inclusive. The reporting person undertakes to provide to the Company, any securityholder of the Company or the SEC Staff, upon request, full information regarding the number of shares sold at each price within the range specified herein.
4. These sales were made automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 04/02/2023.

Signatures

/s/ Ehud Ben Yemini as Attorney -in-Fact

**Signature of Reporting Person

Reporting Owners

09/06/2023

Date

Reporting Owner Name / Address

Angel, Isaac

c/o Ormat Technologies, Inc. 6140 Plums St.

Reno NV 89519-6075

Relationships

Director 10% Owner Officer Other

X

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.

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