ZEBRA TECHNOLOGIES CORP — Director's Dealing 2015

Jun 8, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK: 0000877212
Period of Report: 2015-06-04

Reporting Person: GUSTAFSSON ANDERS (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-15	Class A Common Stock	A	14418	$108.20	Acquired	246708	Direct
2015-06-04	Class A Common Stock	S	1100	$114.29	Disposed	245608	Direct
2015-06-05	Class A Common Stock	S	8900	$114.00	Disposed	236708	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option	$36.49	2018-04-24	Class A Common Stock (90000)	90000	Direct
Stock Appreciation Right	$19.56	2019-05-07	Class A Common Stock (40000)	40000	Direct
Stock Appreciation Right	$27.82	2020-05-06	Class A Common Stock (120299)	120299	Direct
Stock Appreciation Right	$41.57	2021-05-05	Class A Common Stock (54484)	54484	Direct
Stock Appreciation Right	$38.79	2022-04-30	Class A Common Stock (62289)	62289	Direct
Stock Appreciation Right	$46.07	2023-05-03	Class A Common Stock (36201)	36201	Direct
Stock Appreciation Right	$74.72	2024-05-08	Class A Common Stock (19493)	19493	Direct
Stock Appreciation Right	$108.20	2025-05-15	Class A Common Stock (21191)	21191	Direct

Footnotes

F1: Of the shares subject to such option, 22,500 vested on April 24, 2009, 22,500 vested on April 24, 2010, 22,500 vested on April 24, 2011 and 22,500 vested on April 24, 2012.

F2: Of the initial 115,000 stock appreciation right shares subject to this SAR, 28,750 shares vested on May 7, 2010, 28,750 shares vested on May 7, 2011, 28,750 shares vested on May 7, 2012 and 28,750 shares vested on May 7, 2013.

F3: Of the stock appreciation right shares subject to this SAR, 30,074 shares vested on May 6, 2013, 30,074 shares vested on May 6, 2014, and 60,151 shares vest on May 6, 2015.

F4: Of the stock appreciation right shares subject to this SAR, 13,621 shares vested on May 5, 2012, 13,621 shares vested on May 5, 2013, 13,621 shares vested on May 5, 2014 and 13,621 shares vest on May 5, 2015.

F5: Of the stock appreciation right shares subject to this SAR, 15,572 shares vested on April 30, 2013, 15,572, vested on April 30, 2014, 15,572, vest on April 30, 2015 and 15,573 vest on April 30, 2016

F6: Of the stock appreciation right shares subject to this SAR, 9,050 shares vested on May 3, 2014, 9,050 shares vest on May 3, 2015, 9,050 shares vest on May 3, 2016 and 9,051 shares vest on May 3, 2017.

F7: Of the stock appreciation right shares subject to this SAR, 4,873 shares vest on May 8, 2015, 4,873 vest on May 8, 2016, 4,873 vest on May 8, 2017 and 4,874 vest on May 8, 2018.

F8: Of the stock appreciation right shares subject to this SAR, 5,297 shares vest on May 15, 2016, 5,298 shares vest on May 15, 2017, 5,298 shares vest on May 15, 2018 and 5,298 shares vest on May 15, 2019.