ZEBRA TECHNOLOGIES CORP — Director's Dealing 2011

Sep 16, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

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

Reporting Person: Cho Michael (VP, Corporate Development)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	1995	Direct
Class A Common Stock	1484	Direct

Holdings (Derivative)

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

Footnotes

F1: Of the restricted shares subject to this grant, 997 vested on September 15, 2011 and 998 will vest on March 15, 2013.

F2: Restricted shares that vest on May 5, 2014.

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, 2102, 1,008 vest on May 5, 2013, 1,008 vest on May 5, 2014, and 1,008 vest on May 5, 1015.