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: 2016-02-10

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-10	Class A Common Stock	A	7164	$0.00	Acquired	28126	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	20962	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$38.79	2022-04-30	Class A Common Stock (2958)	2958	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

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, 2,958 shares vest on April 30, 2016.

F3: 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.

F4: 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.

F5: 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.