Sec Form 4 Filing - Render Robert E @ ZION OIL & GAS INC - 2014-01-15

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Render Robert E 2. Issuer Name and Ticker or Trading Symbol ZION OIL & GAS INC [ ZN] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 2700 COBB RD. 3. Date of Earliest Transaction (MM/DD/YY) 01/15/2014 (Street) LEWISTON, MI49756 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock, Par Value $0.01 01/15/2014 M 5,000 ( 1 ) A $ 0.01 182,618 ( 2 ) I As Trustee and Beneficiary of the Robert E. Render Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Common Stock Option $ 0.01 01/15/2014 M 5,000 ( 3 ) ( 4 ) 11/11/2023 Common Stock, Par Value $0.01 5,000 $ 0 0 I As Trustee and Beneficiary of the Robert E. Render Trust

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Render Robert E 2700 COBB RD. LEWISTON, MI49756 X Signatures Brittany Martin AIF for Robert E. Render 01/17/2014 Signature of Reporting Person Date

Explanation of Responses:

( 1 )These shares were acquired upon the exercise of vested options issued November 11, 2013 under the Issuer's 2005 Stock Option Plan. ( 2 )Comprised of (i) 20,000 shares of common stock held in an IRA (ii) 75,118 shares of common stock held in a Trust and (iii) vested stock options to purchase an additional 87,500 shares of common stock ( 3 )On November 11, 2013, the issuer granted fully vested non-qualified stock options from the issuer's 2005 Stock Option Plan to purchase 5,000 shares of common stock, par value $0.01, at an exercise price of USD $0.01 per share. ( 4 )Options are fully vested and are exercisable upon grant

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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