ZEBRA TECHNOLOGIES CORP — Director's Dealing 2015

Mar 23, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK: 0000877212
Period of Report: 2015-03-19

Reporting Person: POTTER ROBERT J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-19	Class A Common Stock	M	10000	$46.18	Acquired	23719	Direct
2015-03-19	Class A Common Stock	S	10000	$85.3686	Disposed	13719	Direct
2015-03-20	Class A Common Stock	M	10000	$46.18	Acquired	23719	Direct
2015-03-20	Class A Common Stock	S	10000	$87.2476	Disposed	13719	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-03-19	Director Stock Option	$46.18	M	10000	Disposed	2016-02-08	Class A Common Stock (10000)	Direct
2015-03-20	Director Stock Option	$46.18	M	10000	Disposed	2016-02-08	Class A Common Stock (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	13719	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Director Stock Option	$37.20	2018-05-22	Class A Common Stock (2000)	2000	Direct
Stock Appreciation Right	$21.83	2019-05-29	Class A Common Stock (2000)	2000	Direct
Stock Appreciation Right	$26.80	2020-05-20	Class A Common Stock (2000)	2000	Direct
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: Of the shares subject to such option, 4,000 vested on February 8, 2007, 4,000 vested on February 8, 2008, 4,000 vested on February 8, 2009, 4,000 vested on February 8, 2010 and 4,000 vested on February 8, 2011.

F2: This SAR vested in full on May 19, 2011.

F3: Fully vested on grant date.