ZEBRA TECHNOLOGIES CORP — Director's Dealing 2016

Feb 12, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK: 0000877212
Period of Report: 2016-02-12

Reporting Person: SMILEY MICHAEL C (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-10	Class A Common Stock	A	9443	$0.00	Acquired	46961	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	37518	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$19.56	2019-05-07	Class A Common Stock (29122)	29122	Direct
Stock Appreciation Right	$27.82	2020-05-06	Class A Common Stock (15100)	15100	Direct
Stock Appreciation Right	$41.57	2021-05-05	Class A Common Stock (12516)	12516	Direct
Stock Appreciation Right	$37.79	2022-04-30	Class A Common Stock (15572)	15572	Direct
Stock Appreciation Right	$46.07	2023-05-03	Class A Common Stock (10499)	10499	Direct
Class A Common Stock	$108.20	2025-05-15	Class A Common Stock (5434)	5434	Direct

Footnotes

F1: Previously unreportable performance based restricted stock granted May 3, 2013 with a 3 year performance period ended December 31, 2015. Converted to restricted shares as of February 10, 2016 performance certification with May 3, 2016 vesting date.

F2: Of the stock appreciation right shares subject to this SAR, 3,129 shares vested on May 5, 2012, 3,129 shares vested on May 5, 2013, 3,129 shares vested on May 5, 2014 and 3,129 shares vested on May 5, 2015.

F3: Of the stock appreciation right shares subject to this SAR, 3,775 shares vested on May 6, 2011, 3,775 shares vested on May 6, 2012, 3,775 shares vested on May 6, 2013 and 3,775 shares vested on May 6, 2014.

F4: Of the stock appreciation right shares subject to this SAR, 3,129 shares vested on May 5, 2012, 3,129 shares vested on May 5, 2013, 3,129 shares vested on May 5, 2014 and 3,129 shares vested on May 5, 2015.

F5: Of the stock appreciation right shares subject to this SAR, 3,893 shares vested on April 20, 2013, 3,893 shares vested on April 20, 2014, 3,893 shares vested on April 20, 2015 and 3,893 shares vest on April 20, 2016.

F6: Of the stock appreciation right shares subject to this SAR, 2,624 shares vested on May 3, 2014, 2,625 shares vested on May 3, 2015, 2,625 shares vest on May 3, 2016 and 2,625 shares vest on May 3, 2017.

F7: Of the stock appreciation right shares subject to this SAR, 1,358 shares vest on May 15, 2016, 1,358 shares vest on May 15, 2017, 1,359 shares vest on May 15, 2018 and 1,359 shares vest on May 15, 2019.