X0306 4 2012-12-21 0 0001131312 ZION OIL & GAS INC ZN 0001384413 Render Robert E 2700 COBB RD. LEWISTON MI 49756 1 0 0 0 Common Stock Option 1.7 2012-12-21 4 A 0 20000 A 2018-12-21 Common Stock, Par Value $0.01 20000 20000 D A stock option was issued under the issuer's 2011 Non-Employee Director's Stock Option Plan on December 21, 2012 in connection with the continued service of the reporting person on the issuer's Board of Directors and is scheduled to vest, on a quarterly basis in equal installments of 2,500 shares at the end of each of eight consecutive quarters, beginning with the quarter ending December 31, 2012. Not Applicable. /s/ Robert E. Render 2012-12-27