SEC FORM 4/A

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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

1. Name and Address of Reporting Person^*

Naphtha Holding, LTD

(Last)

(First)

(Middle)

8 GRANIT ST

P O BOX 10188

(Street)

PETACH TEKVA

49222

(City)

(State)

(Zip)

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)

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

4. If Amendment, Date of 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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/13/2015		P		76	A	$102	1,914,321⁽¹⁾	I	Acquired by company under common control see note below⁽²⁾

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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

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.

	/s/ Eran Saar	02/03/2016
	** Signature of Reporting Person	Date
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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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