ZEBRA TECHNOLOGIES CORP — Director's Dealing 2013

May 7, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK: 0000877212
Period of Report: 2013-05-03

Reporting Person: Collins Terrance L (SVP, Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-03	Class A Common Stock	A	2345	—	Acquired	2345	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-03	Stock Appreciation Right	$46.07	A	3910	Acquired	2023-05-03	Class A Common Stock (3910)	Direct

Footnotes

F1: Of the stock appreciation right shares subject to this SAR, 977 shares vest on 5/3/2014, 977 shares vest on 5/3/2015, 978 shares vest on 5/3/2016 and 978 shares vest on 5/3/2017.

F2: Restricted shares that vest on 5/3/2016.