SEC Form 5 · accession 0001548197-16-000002
ZION OIL & GAS INC · ZN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Justin Wayne Furnace
Director
Period of report
Dec 31, 2015
Accepted (ET)
Feb 16, 2016 · 6:00 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 $0.01 | holding | — | — | — | 5,000 | 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 OptionF1 | $1.82 | holding | — | — | — | Jun 13, 2012 | Jun 13, 2017 | Common Stock, Par Value $0.01 | 25,000 | 25,000 | D |
| Common Stock OptionF2,F3 | $1.70 | holding | — | — | — | — | Dec 20, 2022 | Common Stock, Par Value $0.01 | 20,000 | 20,000 | D |
| Common Stock OptionF4 | $1.67 | holding | — | — | — | Oct 1, 2014 | Oct 1, 2020 | Common Stock, Par Value $0.01 | 40,000 | 40,000 | D |
Explanation of responses
- F1On June 13, 2012 the Issuer grants 25,000 fully vested non-qualified stock options from the Issuer's 2011 Non Employee Director Stock Option Plan at an exercise price of $1.82 per share.
- F2As of December 21, 2012, the company grants 20,000 Non Qualified Stock Options from the Non Employee Director stock option plan at an exerciose price of $1.70.
- F3The Award shares shall vest on a quarterly basis in eight equal quarterly installments of 2,500 award shares at the end of each quarter beginning with quarter ending December 31, 2012.
- F4As of October 1, 2014 the company granted fully vested non qualified stock options from the Issuers 2011 Non Employee Directors Stock Option Plan to purchase 40,000 shares of common stock at an exercise price of $1.67 per share .