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ZEBRA TECHNOLOGIES CORP Director's Dealing 2016

May 16, 2016

17736_dirs_2016-05-16_57fb8cf9-344c-431d-b516-5b2556910cf3.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: 2016-05-12

Reporting Person: Vascsinec Gina (Chief Accounting Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-05-12 Class A Common Stock A 1867 $51.42 Acquired 3173 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-05-12 Stock Appreciation Right $51.42 A 2415 Acquired 2026-05-12 Class A Common Stock (2415) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 1306 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Appreciation Right $70.77 2017-11-17 Class A Common Stock (810) 810 Direct
Stock Appreciation Right $108.20 2025-05-15 Class A Common Stock (1087) 1087 Direct

Footnotes

F1: Restricted shares that will vest on May 12, 2019.

F2: Of the stock appreciate right shares subject to this SAR, 202 shares vest on November 17, 2015, 202 shares vest on November 17, 2016, 203 shares vest on November 17, 20176 and 203 shares vest on November 17, 2018.

F3: Of the stock appreciate right shares subject to this SAR, 271 shares vest on May 15, 2016, 272 shares vest on May 15, 2017, 272 shares vest on May 15, 2018 and 272 shares vest on May 15, 2019.

F4: Of the stock appreciation right shares subject to this SAR, 603 shares will vest on May 12, 2017, 604 shares will vest on May 12, 2018, 604 shares will vest on May 12, 2019 and 604 shares will vest on May 12, 2020.