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ZEBRA TECHNOLOGIES CORP Director's Dealing 2023

May 9, 2023

17736_dirs_2023-05-08_4498035c-5e6e-4670-afd6-8db813433ee6.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: 2023-05-04

Reporting Person: Heel Joachim (Chief Revenue Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-05-04 Class A Common Stock A 3869 Acquired 36914 Direct
2023-05-05 Class A Common Stock F 368 $273.80 Disposed 36546 Direct
2023-05-06 Class A Common Stock F 219 $273.80 Disposed 36327 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 33045 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Appreciation Right $73.5 2024-09-15 Class A Common Stock (8572.0) 8572 Direct
Stock Appreciation Right $108.2 2025-05-15 Class A Common Stock (4526.0) 4526 Direct
Stock Appreciation Right $51.42 2026-05-12 Class A Common Stock (8854.0) 8854 Direct
Stock Appreciation Right $98.87 2024-05-11 Class A Common Stock (6033.0) 6033 Direct
Stock Appreciation Right $149.57 2025-05-10 Class A Common Stock (4203.0) 4203 Direct
Stock Appreciation Right $205.12 2026-05-02 Class A Common Stock (3273.0) 3273 Direct
Stock Appreciation Right $244.97 2027-04-30 Class A Common Stock (3146.0) 3146 Direct

Footnotes

F1: Of the restricted stock units subject to this award, 1,289 vest on May 4, 2024, 1,290 vest on May 4, 2025, and 1,290 vest on May 4, 2026

F2: Of the stock appreciation rights subject to this SAR, 2,143 vest on September 15, 2015, 2,143 vest on September 15, 2016, 2,143 vest on September 15, 2017 and 2,143 vest on September 15, 2018.

F3: Of the stock appreciation rights subject to this SAR, 1,131 vest on May 15, 2016, 1,131 vest on May 15, 2017, 1,132 vest on May 15, 2018 and 1,132 vest on May 15, 2019.

F4: Of the stock appreciation rights subject to this SAR, 2,213 vest on May 12, 2017, 2,213 vest on May 12, 2018, 2,214 vest on May 12, 2019 and 2,214 vest on May 12, 2020.

F5: Of the stock appreciation rights subject to this SAR, 1,508 vest on May 11, 2018, 1,508 vest on May 11, 2019, 1,508 vest on May 11, 2020 and 1,509 vest on May 11, 2021.

F6: Of the stock appreciation rights subject to this SAR, 1,050 vest on May 10, 2019, 1,051 vest on May 10, 2020, 1,051 vest on May 10, 2021 and 1051 vest on May 10, 2022.

F7: Of the stock appreciation rights subject to this SAR, 818 vest on May 2, 2020, 818 vest on May 2, 2021, 818 vest on May 2, 2022 and 819 vest on May 2, 2023.

F8: Of the stock appreciation rights subject to this SAR, 786 vest on April 30, 2021, 786 vest on April 30, 2022, 787 vest on April 30, 2023 and 787 vest on April 30, 2024.