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ZEBRA TECHNOLOGIES CORP Director's Dealing 2013

May 8, 2013

17736_dirs_2013-05-08_2531cbc5-a009-40d8-be43-5d99637b2b5b.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: 2013-05-06

Reporting Person: Cho Michael (VP, Corporate Development)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-05-06 Class A Common Stock M 98 $41.57 Acquired 7237 Direct
2013-05-06 Class A Common Stock F 31 $46.07 Disposed 7206 Direct
2013-05-06 Class A Common Stock M 270 $38.79 Acquired 7476 Direct
2013-05-06 Class A Common Stock F 87 $46.07 Disposed 7389 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-05-06 Stock Appreciation Right $41.57 M 1008 Disposed 2021-05-05 Class A Common Stock (1008) Direct
2013-05-06 Stock Appreciation Right $38.79 M 1713 Disposed 2022-04-30 Class A Common Stock (1713) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 7139 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Appreciation Right $32.04 2021-09-15 Class A Common Stock (1390) 1390 Direct
Stock Appreciation Right $30.08 2020-03-15 Class A Common Stock (2739) 2739 Direct
Stock Appreciation Right $46.07 2023-05-03 Class A Common Stock (4345) 4345 Direct

Footnotes

F1: Of the stock appreciation rights subject to this SAR, 463 vested on September 15, 2012, 463 vest on September 15, 2013, 463 vest on September 15, 2014 and 464 vest on September 15, 2015.

F2: Of the stock appreciation rights subject to this SAR, 1,369 vested on March 15, 2013 and 1,370 vest on March 15, 2014.

F3: Of the stock appreciation rights subject to this SAR, 1,008 vest on May 5, 2013, 1,008 vest on May 5, 2014 and 1,008 vest on May 5, 2015.

F4: Of the stock appreciation right shares subject to this SAR, 1,713 shares vested on April 30, 2013, 1,713, vest on April 30, 2014, 1,713, vest on April 30, 2015 and 1,713 vest on April 30, 2016.

F5: Of the stock appreciation right shares subject to this SAR, 1,086 vest on 5/3/2014, 1,086 shares vest on 5/3/2015, 1,086 shares vest on 5/3/2016 and 1,087 shares vest on 5/3/2017.