SEC Form 4 · accession 0001384407-16-000002
ZION OIL & GAS INC · ZN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yehezkel Druckman
Director
Period of report
Jan 15, 2016
Accepted (ET)
Jan 26, 2016 · 5:32 pm EST
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, Par Value $0.01F1 | Jan 26, 2015 | M | 25,000 | $0.01 | A | 135,000 | I | ESOP Trust Company FBO Yehezkel Druckman |
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 | Jan 15, 2016 | A | 25,000 | A | — | Jan 14, 2026 | Common Stock, Par Value $0.01 | 25,000 | 25,000 | I |
| Common Stock OptionF2,F4,F3 | $0.01 | Jan 26, 2016 | M | 25,000 | D | — | Jan 14, 2026 | Common Stock, Par Value $0.01 | 25,000 | 0 | I |
Explanation of responses
- F1Comprised of 25,000 shares of Common Stock and Stock Options to purchase an additional 110,000 shares of Common Stock.
- F2Fully vested Stock Options were granted from the Issuer's 2011 Equity Incentive Plan on January 15, 2016.
- F3The Stock Options are fully vested and exercisable upon grant.
- F4Not applicable.