ZEBRA TECHNOLOGIES CORP — Director's Dealing 2016

Aug 12, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK: 0000877212
Period of Report: 2016-08-11

Reporting Person: KAPUT JIM L (SVP, General Counsel & Secy)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-11	Class A Common Stock	S	900	$64.81	Disposed	29203	Direct
2016-08-11	Class A Common Stock	S	4100	$64.84	Disposed	25103	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	30103	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$38.79	2022-04-30	Class A Common Stock (2959)	2959	Direct
Stock Appreciation Right	$46.07	2023-05-03	Class A Common Stock (3983)	3983	Direct
Stock Appreciation Right	$74.72	2024-05-08	Class A Common Stock (4406)	4406	Direct
Stock Appreciation Right	$108.20	2025-05-15	Class A Common Stock (3587)	3587	Direct
Stock Appreciation Right	$51.42	2026-05-12	Class A Common Stock (7395)	7395	Direct

Footnotes

F1: Of the stock appreciation right shares subject to this SAR, 2,958 shares vest on April 30, 2016.

F2: Of the stock appreciation right shares subject to this SAR, 1,991 shares vested on May 3, 2014, 1,991 shares vested on May 3, 2015, 1,991 shares vest on May 3, 2016 and 1,992 shares vest on May 3, 2017.

F3: Of the stock appreciation right shares subject to this SAR, 1,101 shares vested on May 8, 2015, 1,101 shares vest on May 8, 2016, 1,102 shares vest on May 8, 2017 and 1,102 shares vest on May 8, 2018.

F4: Of the stock appreciation right shares subject to this SAR, 897 shares vest on May 15, 2016, 897 shares vest on May 15, 2017, 897 shares vest on May 15, 2018 and 897 shares vest on May 15, 2019.

F5: Of the stock appreciation right shares subject to this SAR, 1,848 shares will vest on May 12, 2017, 1,849 shares will vest on May 12, 2018, 1,849 shares will vest on May 12, 2019 and 1,849 shares will vest on May 12, 2020.