ZEBRA TECHNOLOGIES CORP — Director's Dealing 2025

Mar 6, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK: 0000877212
Period of Report: 2025-03-04

Reporting Person: Winters Nathan Andrew (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-04	Class A Common Stock	A	5410	$306.84	Acquired	17646	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	12236	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$149.57	2025-05-10	Class A Common Stock (552)	552	Direct
Stock Appreciation Right	$205.12	2026-05-02	Class A Common Stock (315)	315	Direct
Stock Appreciation Right	$244.97	2027-04-30	Class A Common Stock (578)	578	Direct

Footnotes

F1: Of the stock appreciation rights subject to this SAR, 552 vest on May 10, 2021 and 552 vest on May 10, 2022.

F2: Of the stock appreciation rights subject to this SAR, 105 vest on May 2, 2021, 105 vest on May 2, 2022 and 105 vest on May 2, 2023.

F3: Of the stock appreciation rights subject to this SAR, 144 vest on April 30, 2021, 144 vest on April 30, 2022, 145 vest on April 30, 2023 and 145 vest on April 30, 2024.