Edgar Filing: ISRAMCO INC

Ownership Submission

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 OF SECURITIES

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

OMB APPROVAL

OMB Number:

3235-0287

Expires:

January 31, 2005

Estimated average burden hours per response...

0.5

(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Naphtha Holding, LTD

2. Issuer Name and Ticker or Trading Symbol
ISRAMCO INC [ISRL]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

(Last)

(First)

(Middle)

8 GRANIT ST, P O BOX 10188

3. Date of Earliest Transaction (Month/Day/Year)
10/13/2015

(Street)

PETACH TEKVA, L3 49222

4. If Amendment, Date Original Filed(Month/Day/Year)
10/15/2015

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 (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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	10/13/2015		P		76	A	$ 102	1,914,321 ⁽¹⁾	I	Acquired by company under common control see note below ⁽²⁾

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

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 (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

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
(Month/Day/Year)

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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Naphtha Holding, LTD 8 GRANIT ST P O BOX 10188 PETACH TEKVA, L3 49222		X

Signatures

/s/ Eran Saar		02/03/2016
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	This amendment is being filed to correct a Form 4 filed October 15, 2015, which, inter alia, covered the purchase of 500 shares of Isramco, Inc. at $102 per share. The aforementioned transaction only covered 76 total shares, not 500 as previously reported. These shares were directly acquired by I.O.C.-Israel Oil Company Ltd, a company under common control with Naphtha Holding, Ltd. Naphtha Holding Ltd and I.O.C-Israel Oil Company Ltd directly hold more than 10% ownership of the outstanding shares of Isramco, Inc. This amended report also includes shares indirectly and directly held or under common control with Naphtha Holding, Ltd. Naphtha Holding Ltd directly holds 1,592,841 shares, Naphtha Exploration LP holds 7,804 shares, and I.O.C.-Israel Oil Company Ltd directly holds 313,676 shares for a total of 1,914,321 shares under common control after the aforementioned transactions and reported here.
(2)	Subsequent Form 4 filings reflect that I.O.C.-Israel Oil Company Ltd directly acquired additional shares of Isramco, Inc. common stock by I.O.C.-Israel Oil Company Ltd. after the aforementioned transaction. As noted above, I.O.C.-Israel Oil Company Ltd is a company under common control with Naphtha Holding, Ltd. Both Naphtha Holding Ltd and I.O.C.-Israel Oil Company Ltd directly hold more than 10% ownership of the outstanding shares of Isramco, Inc. As of January 8, 2016, Naphtha Holding Ltd directly holds 1,592,841 shares, Naphtha Exploration LP holds 7,804 shares, and I.O.C.-Israel Oil Company Ltd directly holds 329,676 shares for a total of 1,930,321 shares under common control after the aforementioned transactions reported here, together with subsequent transactions which have been previously disclosed.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.