ZEBRA TECHNOLOGIES CORP — Director's Dealing 2015

Mar 24, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK: 0000877212
Period of Report: 2015-03-23

Reporting Person: POTTER ROBERT J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-23	Class A Common Stock	M	2000	$37.20	Acquired	15719	Direct
2015-03-23	Class A Common Stock	S	2000	$91.27	Disposed	13719	Direct
2015-03-23	Class A Common Stock	M	2000	$21.83	Acquired	15719	Direct
2015-03-23	Class A Common Stock	S	2000	$91.6192	Disposed	13719	Direct
2015-03-23	Class A Common Stock	M	2000	$26.80	Acquired	15791	Direct
2015-03-23	Class A Common Stock	S	2000	$91.6192	Disposed	13719	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-03-23	Director Stock Option	$37.20	M	2000	Disposed	2018-05-22	Class A Common Stock (2000)	Direct
2015-03-23	Stock Appreciation Right	$21.83	M	2000	Disposed	2019-05-29	Class A Common Stock (2000)	Direct
2015-03-23	Stock Appreciation Right	$26.80	M	2000	Disposed	2020-05-20	Class A Common Stock (2000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	13719	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$42.36	2021-05-19	Class A Common Stock (3209)	3209	Direct
Stock Appreciation Right	$35.97	2022-05-18	Class A Common Stock (4031)	4031	Direct

Footnotes

F1: This SAR vested in full on May 19, 2011.

F2: Fully vested on grant date.