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ZEBRA TECHNOLOGIES CORP Director's Dealing 2017

May 10, 2017

17736_dirs_2017-05-10_42e10e08-982a-4f5f-a953-b4c439e967a8.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: 2017-05-08

Reporting Person: GUSTAFSSON ANDERS (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-05-08 Class A Common Stock F 6116 $96.69 Disposed 274887 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 281003 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option $36.49 2018-04-24 Class A Common Stock (40000) 25000 Direct
Stock Appreciation Right $19.56 2019-05-07 Class A Common Stock (40000) 40000 Direct
Stock Appreciation Right $27.28 2020-05-06 Class A Common Stock (120299) 120299 Direct
Stock Appreciation Right $41.57 2021-05-05 Class A Common Stock (54484) 54484 Direct
Stock Appreciation Right $38.79 2022-04-30 Class A Common Stock (62289) 62289 Direct
Stock Appreciation Right $46.07 2023-05-03 Class A Common Stock (36201) 36201 Direct
Stock Appreciation Right $74.72 2024-05-08 Class A Common Stock (19493) 19493 Direct
Stock Appreciation Right $108.20 2025-05-15 Class A Common Stock (21191) 21191 Direct
Stock Appreciation Right $51.42 2026-05-12 Class A Common Stock (42256) 42256 Direct

Footnotes

F1: Restricted shares that vested on May 08, 2017.

F2: Of the stock appreciation right shares subject to this SAR, 2,500 shares vested on April 24, 2011 and 22,500 shares vested on April 24, 2012.

F3: Of the stock appreciation right shares subject to this SAR, 11,250 shares vested on May 7, 2012 and 28,750 shares vested on May 7, 2013.

F4: Of the stock appreciation right shares subject to this SAR, 30,074 shares vested on May 6, 2013, 30,074 shares vested on May 6, 2014 and 60,151 shares vested on May 6, 2015.

F5: Of the stock appreciation right shares subject to this SAR, 13,621 shares vested on each of May 5, 2012, May 5, 2013, May 5, 2014 and May 5, 2015.

F6: Of the stock appreciation right shares subject to this SAR, 15,572 shares vested on each of April 30, 2013, April 30, 2014, and April 30, 2015 and 15,573 shares vested on April 30, 2016.

F7: Of the stock appreciate right shares subject to this SAR, 9,050 shares vested on May 3, 2014, May 3, 2015 and May 3, 2016 and 9,051 shares vested on May 3, 2017

F8: Of the stock appreciation right shares subject to this SAR, 4,873 shares vested on May 8, 2015, May 8, 2016 and May 8, 2017 and 4,874 vest on May 8, 2018.

F9: Of the stock appreciation right shares subject to this SAR, 5,297 shares vested on May 15, 2016 and 5,298 shares vest on May 15, 2017, May 15, 2018 and May 15, 2019.

F10: Of the stock appreciation right shares subject to this SAR, 10,564 shares vest on each of May 12, 2017, May 12, 2018, May 12, 2019 and May 12, 2020.