ZEBRA TECHNOLOGIES CORP — Director's Dealing 2014

Sep 17, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK: 0000877212
Period of Report: 2014-09-15

Reporting Person: Heel Joachim (SVP, Global Sales)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-09-15	Class A Common Stock	A	5987	$73.50	Acquired	5987	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-09-15	Stock Appreciation Right	$73.50	A	8572	Acquired	2018-09-15	Class A Common Stock (8572)	Direct

Footnotes

F1: Restricted shares that vest on September 15, 2017

F2: Of the stock appreciate right shares subject to this SAR, 2,143 shares will vest on September 15, 2015, 2,143 shares will vest on September 15, 2016, 2,143 shares will vest on September 15, 2017, and 2,143 will vest on September 15, 2018.