AVERY WILLIAM H (President & General Counsel) exercised options at ZION OIL & GAS INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 5 exercises

AVERY WILLIAM H

Filed: 11/12/2019ACC: 0001384401-19-000001

InsiderAVERY WILLIAM HCIK 1384401

→

IssuerZION OIL & GAS INCCIK 1131312

DirectorOfficer· President & General Counsel

Since Jul 2018

0.00

Net shares

Net seller

$2.5K

Total acquired

Open market trades

0B · 0S

Total transactions

250K acquired · 250K disposed

Non-Derivative Transactions5

ZN Common Stock, Par Value $0.01

Direct

M · Option Exercise

+10K

Price / share

$0.01

Trade value

$100.00

% of position

2.9%

11/7/2019

350K→360K

ZN Common Stock, Par Value $0.01

Direct

M · Option Exercise

+110K

Price / share

$0.01

Trade value

$1.10K

% of position

30.6%

11/7/2019

360K→470K

ZN Common Stock, Par Value $0.01

Direct

M · Option Exercise

+100K

Price / share

$0.01

Trade value

$1K

% of position

21.3%

11/7/2019

470K→570K

ZN Common Stock, Par Value $0.01

Direct

M · Option Exercise

+25K

Price / share

$0.01

Trade value

$250.00

% of position

4.4%

11/7/2019

570K→595K

ZN Common Stock, Par Value $0.01

Direct

M · Option Exercise

+5K

Price / share

$0.01

Trade value

$50.00

% of position

0.8%

11/7/2019

595K→600K

Total

Net shares

+250K

Net value

$2.50K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
ZN Common Stock, Par Value $0.01 Direct	11/7/2019	M · Option Exercise	+10K	$0.01	$100.00	2.9%	350K	360K
ZN Common Stock, Par Value $0.01 Direct	11/7/2019	M · Option Exercise	+110K	$0.01	$1.10K	30.6%	360K	470K
ZN Common Stock, Par Value $0.01 Direct	11/7/2019	M · Option Exercise	+100K	$0.01	$1K	21.3%	470K	570K
ZN Common Stock, Par Value $0.01 Direct	11/7/2019	M · Option Exercise	+25K	$0.01	$250.00	4.4%	570K	595K
ZN Common Stock, Par Value $0.01 Direct	11/7/2019	M · Option Exercise	+5K	$0.01	$50.00	0.8%	595K	600K
Total			+250K		$2.50K

Derivative Transactions5

ZN Common Stock Options, Par Value $0.01

Direct

M · Option Exercise

Converts to

ZN Common Stock, Par Value $0.01

10K shares

−10K

Strike price

0.01

Held after

430K

Exercisable

—

11/7/2019

ZN Common Stock Options, Par Value $0.01

Direct

M · Option Exercise

Converts to

ZN Common Stock, Par Value $0.01

110K shares

−110K

Strike price

0.01

Held after

320K

Exercisable

—

11/7/2019

ZN Common Stock Options, Par Value $0.01

Direct

M · Option Exercise

Converts to

ZN Common Stock, Par Value $0.01

100K shares

−100K

Strike price

0.01

Held after

220K

Exercisable

—

11/7/2019

ZN Common Stock Options, Par Value $0.01

Direct

M · Option Exercise

Converts to

ZN Common Stock, Par Value $0.01

25K shares

−25K

Strike price

0.01

Held after

195K

Exercisable

—

11/7/2019

ZN Common Stock Options, Par Value $0.01

Direct

M · Option Exercise

Converts to

ZN Common Stock, Par Value $0.01

5K shares

−5K

Strike price

0.01

Held after

190K

Exercisable

—

11/7/2019

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
ZN Common Stock Options, Par Value $0.01 Direct	ZN Common Stock, Par Value $0.0110K shares	11/7/2019	M · Option Exercise	−10K	0.01	—	430K
ZN Common Stock Options, Par Value $0.01 Direct	ZN Common Stock, Par Value $0.01110K shares	11/7/2019	M · Option Exercise	−110K	0.01	—	320K
ZN Common Stock Options, Par Value $0.01 Direct	ZN Common Stock, Par Value $0.01100K shares	11/7/2019	M · Option Exercise	−100K	0.01	—	220K
ZN Common Stock Options, Par Value $0.01 Direct	ZN Common Stock, Par Value $0.0125K shares	11/7/2019	M · Option Exercise	−25K	0.01	—	195K
ZN Common Stock Options, Par Value $0.01 Direct	ZN Common Stock, Par Value $0.015K shares	11/7/2019	M · Option Exercise	−5K	0.01	—	190K