X0202 3 2007-07-01 0 0001131312 ZION OIL & GAS INC ZN 0001405492 Van Brauman Martin 6510 ABRAMS ROAD SUITE 300 DALLAS TX 75231 0 1 0 0 Chief Financial Officer,Sr.VP Common Stock 4463 D Common Stock 22357 D Common Stock 1000 I Son Options to purchase Common Stock 2017-07-01 Common Stock 50000 D Shares are held jointly by the Reporting Person and his spouse. Beneficially owned by the adult son of the Reporting Person with a legal residence at the reporting person's primary residence. The Reporting Person disclaims beneficial interest in any of these shares. The options were issued under the Company's equity incentive plan. Options for 20,000 shares will be vested in July 2008 and, thereafter, options for 15,000 shares will vest on each successive July, in each case at a per share exercise price of $5.60. Sandra Green, AIF for Martin Van Brauman 2007-07-19