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ZEBRA TECHNOLOGIES CORP Director's Dealing 2011

Sep 16, 2011

17736_dirs_2011-09-16_c0a3d591-f87b-47be-8cbc-90dd092bd098.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK: 0000877212
Period of Report: 2011-09-15

Reporting Person: Cho Michael (VP, Corporate Development)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-09-15 Class A Common Stock A 687 $32.04 Acquired 687 Direct
2011-09-15 Class A Common Stock F 314 $32.04 Disposed 3165 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-09-15 Stock Appreciation Award $32.04 A 1853 Acquired 2015-09-15 Class A Common Stock (1853) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Appreciation Award $30.08 2020-03-15 Class A Common Stock (5477) 5477 Direct
Stock Appreciation Award $41.57 2021-05-05 Class A Common Stock (4032) 4032 Direct

Footnotes

F1: Restricted shares that vest on September 15, 2014.

F2: Of the stock appreciation rights subject to this SAR, 463 vest on September 15, 2012, 463 vest on September 15, 2013, 463 vest on September 15, 2014 and 464 vest on September 15, 2015.

F3: Of the stock appreciation rights subject to this SAR, 1,369 vested on March 15, 2011, 1,369 vest on March 15, 2012, 1,369 vest on March 15, 2013 and 1,370 vest on March 15, 2014.

F4: Of the stock appreciation rights subject to this SAR, 1,008 vest on May 5, 2012, 1,008 vest on May 5, 2013, 1,008 vest on May 5, 2014 and 1,008 vest on May 5, 2015.