ZEBRA TECHNOLOGIES CORP — Director's Dealing 2022

Aug 8, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK: 0000877212
Period of Report: 2022-08-04

Reporting Person: Williams Stephen Edgar (Chief Global Ops & Services)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-08-04	Class A Common Stock	S	2021	$328.48	Disposed	2078	Direct
2022-08-04	Class A Common Stock	S	102	$328.75	Disposed	1976	Direct
2022-08-04	Class A Common Stock	M	175	$205.12	Acquired	2151	Direct
2022-08-04	Class A Common Stock	F	43	$328.24	Disposed	2108	Direct
2022-08-04	Class A Common Stock	M	102	$244.97	Acquired	2210	Direct
2022-08-04	Class A Common Stock	F	26	$328.24	Disposed	2184	Direct
2022-08-04	Class A Common Stock	S	208	$328.58	Disposed	1976	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-08-04	Stock Appreciation Right	$205.12	M	468	Disposed	2026-05-02	Class A Common Stock (936.0)	Direct
2022-08-04	Stock Appreciation Right	$244.97	M	406	Disposed	2027-04-30	Class A Common Stock (1218.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	4099	Direct

Footnotes

F1: Includes shares held in Zebra's Employee Stock Purchase Plan. [42 ESPP shares purchased in 2022.]

F2: Of the stock appreciation rights subject to this SAR, 467 vest on May 2, 2020, 468 vest on May 2, 2021, 468 vest on May 2, 2022 and 468 vest on May 2, 2023.

F3: Of the stock appreciation rights subject to this SAR, 406 vest on April 30, 2021, 406 vest on April 30, 2022, 406 vest on April 30, 2023 and 406 vest on April 30, 2024.