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ZEBRA TECHNOLOGIES CORP Director's Dealing 2015

May 4, 2015

17736_dirs_2015-05-04_2d2e21d5-1bda-4566-b109-712442128275.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: 2015-04-30

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-04-30 Class A Common Stock F 17672 $92.08 Disposed 253373 Direct
2015-04-30 Class A Common Stock F 9817 $92.08 Disposed 242556 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 270045 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

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.