ZEBRA TECHNOLOGIES CORP — Director's Dealing 2023

Aug 7, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK: 0000877212
Period of Report: 2023-08-07

Reporting Person: Burns Bill (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-08-07	Class A Common Stock	P	1000	$249.40	Acquired	20787	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	19787	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$98.87	2024-05-11	Class A Common Stock (7709)	7709	Direct
Stock Appreciation Right	$149.57	2025-05-10	Class A Common Stock (5463)	5463	Direct
Stock Appreciation Right	$205.12	2026-05-02	Class A Common Stock (4364)	4364	Direct
Stock Appreciation Right	$244.97	2027-04-30	Class A Common Stock (3901)	3901	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $249.03 to $250.00.

F2: Of the stock appreciation rights subject to this SAR, 1,927 vest on May 11, 2018, 1,927 vest on May 11, 2019, 1,927 vest on May 11, 2020 and 1,928 vest on May 11, 2021.

F3: Of the stock appreciation rights subject to this SAR, 1,365 vest on May 10, 2019, 1,366 vest on May 10, 2020, 1,366 vest on May 10, 2021 and 1,366 vest on May 10, 2022.

F4: Of the stock appreciation rights subject to this SAR, 1,091 vest on May 2, 2020, 1,091 vest on May 2, 2021, 1,091 vest on May 2, 2022 and 1,091 vest on May 2, 2023.

F5: Of the stock appreciation rights subject to this SAR, 975 vest on April 30, 2021, 975 vest on April 30, 2022, 975 vest on April 30, 2023 and 976 vest on April 30, 2024.