SEC Form 4 · accession 0001384400-15-000001
ZION OIL & GAS INC · ZN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John M Brown
Officer — Chief Executive Officer · Director
Period of report
Mar 6, 2015
Accepted (ET)
Mar 10, 2015 · 6:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001131312
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1,F3,F2 | $1.38 | Mar 6, 2015 | A | 25,000 | A | — | Jan 1, 2025 | Common Stock Par Value $0.01 | 25,000 | 25,000 | D |
Explanation of responses
- F1Non Qualified Stock Options were awarded under the Issuer's 2005 Stock Option Plan on January 1, 2015 in connection with the continued employment of the Reporting Person, to purchase 25,000 shares of Common Stock, Par Value $0.01, at an exercise price of $1.38 per Award Share. The Award Shares shall vest June 30, 2015.
- F2The Award Shares are exercisable on the vest day, June 30, 2015,
- F3Not applicable.