SEC Form 4 · accession 0001384401-16-000004
ZION OIL & GAS INC · ZN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William H Avery
Director
Period of report
Jul 1, 2016
Accepted (ET)
Jul 6, 2016 · 5:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001131312
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock Option | Jul 1, 2016 | M | 15,000 | $0.01 | A | 470,000 | D | |
| Common Stock Option | Jul 1, 2016 | M | 10,000 | $0.01 | A | 480,000 | D | |
| Common Stock Option | Jul 1, 2016 | M | 10,000 | $0.01 | A | 490,000 | D | |
| Common Stock OptionF1 | Jul 1, 2016 | M | 65,000 | $0.01 | A | 555,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock OptionF2,F4,F3 | $0.01 | Jul 1, 2016 | M | 15,000 | D | — | Nov 11, 2023 | Common Stock Par Value $0.01 | 15,000 | 0 | D |
| Common Stock OptionF5,F4,F3 | $0.01 | Jul 1, 2016 | M | 10,000 | D | — | Jun 11, 2024 | Common Stock Par Value $0.01 | 10,000 | 0 | D |
| Common Stock OptionF6,F4,F3 | $0.01 | Jul 1, 2016 | M | 10,000 | D | — | Apr 17, 2025 | Common Stock Par Value $0.01 | 10,000 | 0 | D |
| Common Stock OptionF7,F4,F3 | $0.01 | Jul 1, 2016 | M | 65,000 | D | — | Oct 1, 2025 | Common Stock Par Value $0.01 | 65,000 | 0 | D |
Explanation of responses
- F1Comprised of 350,000 shares of common stock and 205,000 shares of common stock issuable upon exercise of stock options awarded under Zion stock option plans
- F2Stock Options were granted on November 11, 2013 from the 2005 Stock Option Plan
- F3The Stock Options are fully vested and exercisable upon grant date.
- F4N/A
- F5Stock Options were granted on June 11, 2014 from the 2005 Stock Option Plan
- F6Stock Options were granted on April 17, 2015 from the 2005 Stock Option Plan
- F7Stock Options were granted on October 1, 2015 from the 2011 Stock Option Plan