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Tuesday, 09/27/2022 7:46:11 PM

Tuesday, September 27, 2022 7:46:11 PM

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https://www.zionoil.com/faqs/#

How May I Better Understand
Executive Staff Compensation?

All of this information is contained within the filings with the SEC. Please know that stock issuances do not mean executive staff actually exercise and/or sell the shares. Much of the rumors on the internet about how much the executive staff makes are exaggerated.
1. It is essential to understand that reportable compensation does not equal W-2 earnings.

2. Salary and Bonus represent less than 49% of all reportable compensation.

3. Stock options awarded, regardless of whether those options were exercised, represent over 38% of all reportable compensation.

4. It is important to note that there has been a company-imposed blackout period, restricting the sale or purchase of stock for all employees, implemented on May 15, 2017, which remains in effect to date.
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