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ZEBRA TECHNOLOGIES CORP Director's Dealing 2014

May 7, 2014

17736_dirs_2014-05-07_9e014901-5973-4a05-ad52-cbd6d209cc1d.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: 2014-05-05

Reporting Person: KAPUT JIM L (SVP, GC & Corporate Secretary)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-05-05 Class A Common Stock F 2801 $72.20 Disposed 13372 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 16173 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Appreciation Right $27.82 2020-05-06 Class A Common Stock (4850) 4850 Direct
Stock Appreciation Right $41.57 2021-05-05 Class A Common Stock (10013) 10013 Direct
Stock Appreciation Right $38.79 2022-04-30 Class A Common Stock (11835) 11835 Direct
Stock Appreciation Right $46.07 2023-05-03 Class A Common Stock (7965) 7965 Direct

Footnotes

F1: Of the stock appreciation right shares subject to this SAR, 2,425 shares vested on May 6, 2013 and 2,425 shares vested on May 6, 2014.

F2: Of the stock appreciation right shares subject to this SAR, 2,503 shares vested on May 5, 2012, 2,503 shares vested on May 5, 2013, 2,503 shares vested on May 5, 2014 and 2,504 shares vest on May 5, 2015.

F3: Of the stock appreciation right shares subject to this SAR, 2,958 shares vested on April 30, 2013, 2,959 vested on April 30, 2014, 2,959 vest on April 30, 2015 and 2,959 vest on April 30, 2016.

F4: Of the stock appreciation right shares subject to this SAR, 1,991 shares vested on 5/3/2014, 1,991 shares vest on 5/3/2015, 1,991 shares vest on 5/3/2016 and 1,992 shares vest on 5/3/2017.