X0304 4 2012-01-09 0 0001131312 ZION OIL & GAS INC ZN 0001384414 Rinberg Richard 55 AHAD HA'AM RA'ANANA L3 43210 ISRAEL 1 1 0 0 Chief Executive Officer Common Stock Option 0.01 2012-01-09 4 A 0 40000 A 2017-12-03 Common Stock Par Value $0.01 40000 50000 D A stock option was issued under the issuer's 2011 Equity Incentive Plan in connection with the continued employment of the reporting person and is scheduled to vest, on a quarterly basis in equal installments of 10,000 shares at the end of each of four consecutive quarters, beginning with the quarter ending March 31, 2012. Not Applicable. Brittany Russell AIF for Richard Rinberg 2012-01-11