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| o | REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|--------------------------------------------------------------------------------------------------|

| x | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|--------------------------------------------------------------------------------------|

| o | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|------------------------------------------------------------------------------------------|

| o | SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|--------------------------------------------------------------------------------------------------|

| Title of each classOrdinary Shares, par value NIS 0.10 per share  | Name of each exchange on which registeredNASDAQ Global Market |
|------------------------------------------------------------------------|---------------------------------------------------------------|

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| U.S. GAAP x | International Financial Reporting Standards                              as issued by the International Accounting Board o | Other o |
|-------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------|

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| Exhibit No. |   | Description                                                                                                                                                                                                                                                                     |
|-------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 1           |   | Articles of Association. (4)                                                                                                                                                                                                                                                    |
| 2           |   | Shareholders Rights Agreement, dated as of January 12, 2009, between the Registrant and Continental Stock Transfer & Trust Company. (4)                                                                                                                                     |
| 4.1         |   | Original Section 102 Share Option Plan of the Registrant. (2)                                                                                                                                                                                                                   |
| 4.2         |   | Stock Compensation Program and Stock Award Agreement of OTI America, Inc. (1)                                                                                                                                                                                                   |
| 4.3         |   | 2008 Employee Stock Purchase Plan of the Registrant. (3)                                                                                                                                                                                                                        |
| 4.4         |   | 2001 Employee Share Purchase Plan of the Registrant. (1)                                                                                                                                                                                                                        |
| 4.5         |   | 2001 Share Option Plan of the Registrant. (1)                                                                                                                                                                                                                                   |
| 4.6         |   | Application to Approve a Trustee for an Option Plan pursuant to Section 102 of the Income Tax Ordinance; and Deed of Trust. (2)                                                                                                                                                 |
| 4.7         |   | Long Term Lease Agreement, dated as of March 6, 2002 by and between the Israel Lands Authority and the Registrant. (1)                                                                                                                                                          |
| 4.8         |   | Form of Letter of Exemption and Indemnification between the Registrant and its directors and officers. (5)                                                                                                                                                                      |
| 4.9         |   | Form of Securities Purchase Agreement between the Registrant and various investors, dated as of October 27, 2005. (6)                                                                                                                                                           |
| 4.10^       |   | Agreement, dated November 25, 2009, by and between the Tanzania Revenue Authority and the Registrant (filed herewith).                                                                                                                                                          |
| 4.11^       |   | Supply Agreement, dated December 22, 2009, by and between SMARTRAC N.V. and the Registrant (filed herewith).                                                                                                                                                                    |
| 4.12        |   | Asset Purchase Agreement, dated December 22, 2009, by and among SMARTRAC Singapore Trading PTE, Millennium Card ́s Technology Limited, and the Registrant (filed herewith).                                                                                                 |
| 4.13^       |   | Supply, Integration and Maintenance Services Agreement, dated December 9, 2009, by and between the Registrant and the Direccion General De Registro Civil, Identificaciòn y Cedulacion of Ecuador (unofficial English translation from Spanish original) (filed herewith). |
| 4.14^       |   | Supply of Electronic Identification Cards Agreement, dated November 11, 2009, by and between the Registrant and the Direccion General De Registro Civil, Identificaciòn y Cedulacion of Ecuador (unofficial English translation from Spanish original) (filed herewith).   |
| 8.1         |   | List of subsidiaries. (7)                                                                                                                                                                                                                                                       |
| 12.1        |   | Certification of Chief Executive Officer, pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934 (filed herewith).                                                                                                                                                |
| 12.2        |   | Certification of Chief Financial Officer, pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934 (filed herewith).                                                                                                                                                |
| 13.1        |   | Certification of Chief Executive Officer, pursuant Rule 13a-14(b) under the Securities Exchange Act of 1934, and 18 U.S.C. Section 1350 (furnished herewith).                                                                                                                   |
| 13.2        |   | Certification of Chief Financial Officer, pursuant Rule 13a-14(b) under the Securities Exchange Act of 1934, and 18 U.S.C. Section 1350 (furnished herewith).                                                                                                                   |
| 15          |   | Consent of Independent Registered Public Accounting Firm. (7)                                                                                                                                                                                                                   |

| (1)  | Previously filed with the Company’s Registration Statement on Form F-1, filed on June 14, 2002. |
|-----------|-------------------------------------------------------------------------------------------------------|

| (2) | Previously filed with an amendment to the Company’s Registration Statement on Form F-1, filed with the Commission on September 11, 2002. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Previously filed with the Company’s Registration Statement on Form S-8, filed with the SEC on March 6, 2008. |
|-----|--------------------------------------------------------------------------------------------------------------------|

| (4) | Previously filed with the Company’s Registration Statement on Form 8-A/A (Amendment No. 1), filed with the SEC on January 12, 2009. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------|

| (5) | Previously filed with the Company’s report on Form 6-K, as Schedule B to such report, filed with the SEC on June 25, 2008. |
|-----|----------------------------------------------------------------------------------------------------------------------------------|

| (6)  | Previously filed with the Company’s report on Form 6-K filed with SEC on November 8, 2005. |
|-----------|--------------------------------------------------------------------------------------------------|

| (7) | Previously filed with the Company’s annual report on Form 20-F, filed with the SEC on March 30, 2011. |
|-----|-------------------------------------------------------------------------------------------------------------|

| ^ | Portions of this exhibit have been omitted pursuant to a request for confidential treatment. |
|---|----------------------------------------------------------------------------------------------|

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|   | ON TRACK INNOVATIONS LTD. |                                              |
|--------|---------------------------|---------------------------------------------------|
|   |                      |                                              |   |
|   | By:                       | /s/ Oded Bashan                              |   |
|   |                      | Oded Bashan                                       |   |
|   |                      | Chief Executive Officer and Chairman of the Board |   |
|   |                      |                                              |   |
|   | By:                       | /s/ Tanir Horn                                    |   |
|   |                      | Tanir Horn                                        |   |
|   |                      | Chief Financial Officer                           |   |

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