ZEBRA TECHNOLOGIES CORP — Director's Dealing 2020

May 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK: 0000877212
Period of Report: 2020-05-07

Reporting Person: SMITH MICHAEL A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-07	Class A Common Stock	M	2630	$42.36	Acquired	34277	Direct
2020-05-07	Class A Common Stock	S	2630	$234.94	Disposed	31647	Direct
2020-05-07	Class A Common Stock	G	86	—	Disposed	31561	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-07	Stock Appreciation Right	$42.36	M	3209	Acquired	2021-05-19	Class A Common Stock (3209.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	31647	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$35.97	2022-05-18	Class A Common Stock (4031.0)	4031	Direct