ZEBRA TECHNOLOGIES CORP — Director's Dealing 2016

Aug 17, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK: 0000877212
Period of Report: 2016-08-15

Reporting Person: TERZICH MICHAEL H (SVP, Chief Administration Ofcr)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-15	Class A Common Stock	S	8819	$68.065	Disposed	32015	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	40834	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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
Stock Appreciation Right	$108.20	2025-05-15	Class A Common Stock (3668)	3668	Direct
Stock Appreciation Right	$51.42	2026-05-12	Class A Common Stock (7295)	7295	Direct

Footnotes

F1: Of the stock appreciation rights subject to this SAR, 3,581 vested on April 30, 2013, 3,581 vested on April 30, 2014, 3,852 vested on April 30, 2015 and 3,582 vested on April 30, 2016.

F2: Of the stock appreciation rights subject to this SAR 2,172 vested on May 3, 2014, 2,172 vested on May 3, 2015, 2,172 vested on May 3, 2016 and 2,173 vest on May 3, 2017.

F3: Of the stock appreciation rights subject to this SAR, 1,199 vested on May 8, 2015, 1,199 vested on May 8, 2016, 1,199 vest on May 8, 2017 and 1,199 vest on May 8, 2018.

F4: Of the stock appreciation rights subject to this SAR, 917 vested on May 15, 2016, 917 vest on May 15, 2017, 917 vest on May 15, 2018 and 917 vest on May 15, 2019.

F5: Of the stock appreciation rights subject to this SAR, 1,823 will vest on May 12, 2017, 1,824 will vest on May 12, 2018, 1,824 will vest on May 12, 2019 and 1,824 will vest on May 12, 2020.