ZEBRA TECHNOLOGIES CORP — Director's Dealing 2024

Feb 9, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK: 0000877212
Period of Report: 2024-02-07

Reporting Person: White Joseph Ramsey (Chief Product & Solutions)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-07	Class A Common Stock	A	310	—	Acquired	7336	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	6929	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$98.87	2024-05-11	Class A Common Stock (922)	922	Direct
Stock Appreciation Right	$149.57	2025-05-10	Class A Common Stock (841)	841	Direct
Stock Appreciation Right	$205.12	2026-05-02	Class A Common Stock (935)	935	Direct
Stock Appreciation Right	$244.97	2027-04-30	Class A Common Stock (1260)	1260	Direct

Footnotes

F1: Previously unreportable performance based restricted stock (PVRS) granted May 6, 2021 with a 3-year performance period ended December 31, 2023 that were converted to restricted shares as of February 7, 2024 based on performance certification with a May 6, 2024 vesting date.

F2: Includes shares held in Zebra's Employee Stock Purchase Plan. [97 ESPP shares purchased in 2023.]

F3: Of the stock appreciation rights subject to this SAR, all stock appreciation rights have vested.

F4: Of the stock appreciation rights subject to this SAR, 623 have vested and 312 vest on May 2, 2023.

F5: Of the stock appreciation rights subject to this SAR, 630 have vested and 315 vest on each of April 30, 2023 and 2024.