ZEBRA TECHNOLOGIES CORP — Director's Dealing 2010

Apr 12, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK: 0000877212
Period of Report: 2010-04-08

Reporting Person: CLESS GERHARD (Director, Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-04-08	Class A Common Stock	J	597831	—	Acquired	1465	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	10000	Indirect
Class A Common Stock	180331	Indirect
Class A Common Stock	1796144	Indirect
Class A Common Stock	62713	Indirect

Footnotes

F1: Reflects the net transfer from January 1, 2010 to April 10, 2010 of 302,631 shares from the reporting person to grantor retained annuity trusts in transactions exempt from section 16 reporting requirements.

F2: Reflects transfers of shares to the reporting person from grantor retained annuity trusts in exchange for full recourse promissory note from reporting person. Reporting person has sole investment and voting control of reported securities in such trusts.