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ZEBRA TECHNOLOGIES CORP Director's Dealing 2017

May 22, 2017

17736_dirs_2017-05-22_041d8c76-8e88-405e-9892-a011f5d8fec4.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: 2017-05-18

Reporting Person: LUDWICK ANDREW K (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-21	Class A Common Stock	G	1370	$0.00	Disposed	10000	Direct
2017-05-18	Class A Common Stock	A	1784	$98.11	Acquired	15368	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	14954	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Director Stock Option	$37.20	2018-05-22	Class A Common Stock (18000)	18000	Direct
Director Stock Option	$37.20	2018-05-22	Class A Common Stock (6000)	6000	Direct
Stock Appreciation Right	$21.83	2019-05-29	Class A Common Stock (6000)	6000	Direct
Stock Appreciation Right	$26.80	2020-05-20	Class A Common Stock (6000)	6000	Direct
Stock Appreciation Right	$42.36	2021-05-19	Class A Common Stock (3209)	3209	Direct
Stock Appreciation Right	$35.97	2022-05-18	Class A Common Stock (4031)	4031	Direct