0001144204-12-020411.txt : 20120405 0001144204-12-020411.hdr.sgml : 20120405 20120405170045 ACCESSION NUMBER: 0001144204-12-020411 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120330 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20120405 DATE AS OF CHANGE: 20120405 FILER: 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 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33228 FILM NUMBER: 12746345 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 8-K 1 v308664_8k.htm FORM 8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

 

March 30, 2012

 

Date of Report (Date of earliest event reported)

 

Zion Oil & Gas, Inc.

 

 (Exact name of registrant as specified in its charter)

 

 

 Delaware      001-33228     20-0065053
 (State or other jurisdiction of incorporation)      (Commission File Number)      (IRS Employer  Identification No.)
         

 

6510 Abrams Road, Suite 300, Dallas, TX 75231

 

 (Address of Principal Executive Offices)

 

214-221-4610

Registrant's telephone number, including area code

 

 

 (Former name or former address, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o  Pre-commencement communications pursuant to 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 
 

 

Item 5.02(e). Compensatory Arrangements of Certain Officers.

 

On March 30, 2012, the compensation committee (the “Compensation Committee”) of the Board of Directors (the "Board") of Zion Oil & Gas, Inc. (the "Company") approved the grant of an option under the Company’s 2011 Equity Incentive Plan (the “2011 Plan”) to John M. Brown, the Company’s Executive Chairman of the Board to purchase up to 20,000 shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”). The option, exercisable through January 31, 2020 at a per share exercise price of $0.01, vests on a quarterly basis in equal installments of 5,000 shares at the end of each of four consecutive quarters, beginning with the quarter ended March 31, 2012.

 

 
 

  

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereto duly authorized.

 

           
Date: April 5, 2012        
         
Zion Oil and Gas, Inc.        
           
           
By: /s/ Richard J. Rinberg        
  Richard J. Rinberg        
  Chief Executive Officer