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ZEBRA TECHNOLOGIES CORP Director's Dealing 2025

May 2, 2025

17736_dirs_2025-05-02_64876e51-973c-41ab-b8ca-782633c39227.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: 2025-05-02

Reporting Person: GUSTAFSSON ANDERS (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-05-02 Class A Common Stock M 10484 $149.57 Acquired 215310 Direct
2025-05-02 Class A Common Stock F 4112 $256.03 Disposed 211198 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-05-02 Stock Appreciation Right $149.57 M 25214 Disposed 2025-05-10 Class A Common Stock (25214) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 204826 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Appreciation Right $51.42 2026-05-12 Class A Common Stock (42256) 42256 Direct
Stock Appreciation Right $205.12 2026-05-02 Class A Common Stock (23379) 23379 Direct
Stock Appreciation Right $244.97 2027-04-30 Class A Common Stock (20134) 20134 Direct

Footnotes

F1: This amount reflects a 77 share reduction in the number of shares beneficially owned by the reporting person.

F2: These stock appreciation rights became exercisable in four equal annual installments beginning on May 12, 2017.

F3: These stock appreciation rights became exercisable in four equal annual installments beginning on May 10, 2019.

F4: These stock appreciation rights became exercisable in four equal annual installments beginning on May 2, 2020

F5: These stock appreciation rights became exercisable in four equal annual installments beginning on April 30, 2021.