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ZEBRA TECHNOLOGIES CORP Director's Dealing 2015

May 19, 2015

17736_dirs_2015-05-19_2a83efe0-a1ee-48b4-a132-048513ce98fd.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: 2015-05-15

Reporting Person: TERZICH MICHAEL H (SVP, Global Sales & Marketing)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-05-15 Class A Common Stock A 2496 $108.20 Acquired 39098 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-05-15 Stock Appreciation Right $108.20 A 3668 Acquired 2025-05-15 Class A Common Stock (3668) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 36602 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Appreciation Right $41.57 2021-05-05 Class A Common Stock (11563) 11563 Direct
Stock Appreciation Right $38.79 2022-04-30 Class A Common Stock (14326) 14326 Direct
Stock Appreciation Right $46.07 2023-05-03 Class A Common Stock (8689) 8689 Direct
Stock Appreciation Right $74.72 2024-05-08 Class A Common Stock (4796) 4796 Direct

Footnotes

F1: Of the stock appreciation right shares subject to this SAR, 2,890 shares vested on May 5, 2012, 2,891 shares vested on May 5, 2013, 2,891 shares vested on May 5, 2014 and 2,891 shares vest on May 5, 2015.

F2: Of the stock appreciation right shares subject to this SAR, 3,581 shares vested on April 30, 2013, 3,581 shares vested on April 30, 2014, 3,582 shares vest on April 30, 2015 and 3,582 shares vest on April 30, 2016.

F3: Of the stock appreciation right shares subject to this SAR, 2,172 shares vested on May 3, 2014, 2,172 shares vest on May 3, 2015, 2,172 shares vest on May 3, 2016 and 2,173 shares vest on May 3, 2017.

F4: Of the stock appreciation right shares subject to this SAR, 1,199 shares vest on May 8, 2015, 1,199 shares vest on May 8, 2016, 1,199 shares vest on May 8, 2017 and 1,199 shares vest on May 8, 2018.

F5: Of the stock appreciation right shares subject to this SAR, 917 shares vest on May 15, 2016, 917 shares vest on May 15, 2017, 917 shares vest on May 15, 2018 and 917 shares vest on May 15, 2019.

F6: Restricted shares that vest May 15, 2018.