Jeffrey Moskowitz - 25 Jan 2022 Form 4 Insider Report for ZION OIL & GAS INC (ZNOG)

Role: SVP of Israel Branch, Director
Signature: Martin M. Van Brauman
Issuer symbol: ZNOG
Transactions as of: 25 Jan 2022
Net transactions value: $0
Form type: 4
Filing time: 27 Jan 2022, 09:11:35 UTC
Previous filing: 19 Jul 2021
Next filing: 25 Apr 2022
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ZNOG	ZNOG Common Stock Options	Award	$0	+200,000	+33%	$0.000000	805,000	25 Jan 2022	ZNOG Common Stock Par Value $0.01	200,000	$0.0100	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Remarks:

Because of COVID, the execution of the stock option agreement occurred on 1/25/22, the transaction date. The option/shares have a 2-year lockup period per Israeli law and require exercise price of $0.01 and immediate vesting to enter Israeli Plan.