ZEBRA TECHNOLOGIES CORP — Director's Dealing 2021

Feb 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK: 0000877212
Period of Report: 2021-02-16

Reporting Person: Winters Nathan Andrew (Acting Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-16	Class A Common Stock	A	2529	—	Acquired	4005	Direct
2021-02-16	Class A Common Stock	A	1298	$477.74	Acquired	5303	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	1476	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$149.57	2025-05-10	Class A Common Stock (1104.0)	1104	Direct
Stock Appreciation Right	$205.12	2026-05-02	Class A Common Stock (315.0)	315	Direct
Stock Appreciation Right	$244.97	2027-04-30	Class A Common Stock (578.0)	578	Direct

Footnotes

F1: Previously unreportable performance based restricted stock (PVRS) granted May 10, 2018 with a 3-year performance period ended December 31, 2020. Converted to restricted shares as of February 16, 2021 based on performance certification with May 10, 2021 vesting date.

F2: Of the restricted shares subject to this award, 432 vest on February 16, 2022, 433 vest on February 16, 2023 and 433 vest on February 16, 2024.

F3: Of the stock appreciation rights subject to this SAR, 552 vest on May 10, 2021 and 552 vest on May 10, 2022.

F4: Of the stock appreciation rights subject to this SAR, 105 vest on May 2, 2021, 105 vest on May 2, 2022 and 105 vest on May 2, 2023.

F5: Of the stock appreciation rights subject to this SAR, 144 vest on April 30, 2021, 144 vest on April 30, 2022, 145 vest on April 30, 2023 and 145 vest on April 30, 2024.