Rinberg Richard 4
4 · ZION OIL & GAS INC · Filed Jan 17, 2012
Insider Transaction Report
Form 4
Rinberg Richard
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock Option
2012-01-12−10,000→ 40,000 total(indirect: By Trust)Exercise: $0.01Exp: 2017-12-31→ Common Stock, Par Value $0.01 (10,000 underlying) - Exercise/Conversion
Common Stock, Par Value $0.01
2012-01-12$0.01/sh+10,000$100→ 470,000 total(indirect: By Trust)
Holdings
- 51,833
Common Stock, Par Value $0.01
- 10,000(indirect: By Spouse)
Common Stock, Par Value $0.01
Footnotes (3)
- [F1]These shares were acquired upon the exercise of stock options issued under Zion Oil & Gas, Inc.'s 2005 Stock Option plan, at a per share price of $0.01.
- [F2]Comprised of (i) 360,000 shares of common stock and (ii) vested options for an additional 110,000 shares of common stock.
- [F3]These options were granted and vested over a period of twelve months from January 2011 to December 2011.