-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MTpsoTJmdOj7BRzjpcz4qhoeUrYyT+dcLPogPvOYWt5DFB8GDghKJ8ibgs0aH2EG dovcKkcZ4ZGFCo+73j9Thw== 0001131312-10-000004.txt : 20100406 0001131312-10-000004.hdr.sgml : 20100406 20100406175923 ACCESSION NUMBER: 0001131312-10-000004 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100331 FILED AS OF DATE: 20100406 DATE AS OF CHANGE: 20100406 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ottaviani William L CENTRAL INDEX KEY: 0001483081 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33228 FILM NUMBER: 10735278 MAIL ADDRESS: STREET 1: 160 MEADOWVIEW DRIVE CITY: STATE COLLEGE STATE: PA ZIP: 16801 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ZION OIL & GAS INC CENTRAL INDEX KEY: 0001131312 STANDARD INDUSTRIAL CLASSIFICATION: OIL AND GAS FIELD EXPLORATION SERVICES [1382] IRS NUMBER: 200065053 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 6510 ABRAMS RD STREET 2: SUITE 300 CITY: DALLAS STATE: TX ZIP: 75231 BUSINESS PHONE: 2142214610 MAIL ADDRESS: STREET 1: 6510 ABRAMS RD STREET 2: SUITE 300 CITY: DALLAS STATE: TX ZIP: 75231 4 1 primary_doc.xml PRIMARY DOCUMENT X0303 4 2010-03-31 0 0001131312 ZION OIL & GAS INC ZN 0001483081 Ottaviani William L 160 MEADOWVIEW DRIVE STATE COLLEGE PA 16801 0 1 0 0 President and COO Stock Options 0.01 2010-03-31 4 A 0 2020 A 2020-01-31 Common Stock 2020 2020 D The options were granted under the Company's 2005 Stock Option Plan. Pursuant to the Reporting Person's employment agreement with the company, at the end of each calendar quarter, beginning with the quarter ended March 31, 2010, the Reporting Person is entitled to fully vested options at a per share exercise price of $0.01 to purchase such number of the Company's common stock, par value $0.01 per share (the "Common Stock"), as shall equal $12,500 divided by the closing price on the last trading day of the respective calendar quarter of the Company's publicly traded share of Common Stock, but in no event less than $5.00 per share. The Number of option shares is based on $6.19, the closing of market price on March 31, 2010. Brittany Russell AIF for William L. Ottaviani 2010-04-06 -----END PRIVACY-ENHANCED MESSAGE-----