ZEBRA TECHNOLOGIES CORP — Director's Dealing 2025

Feb 7, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK: 0000877212
Period of Report: 2025-02-05

Reporting Person: Hudson Richard Edward (Chief Revenue Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-05	Class A Common Stock	A	71	—	Acquired	3447	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	3376	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$244.97	2027-04-30	Class A Common Stock (189)	189	Direct

Footnotes

F1: Previously unreportable performance-based restricted stock (PVRS) granted on May 5, 2022, with a three-year performance period ended December 31, 2024. The number of shares to result from this PVRS grant was determined on February 5, 2025, and the PVRS will vest on May 5, 2025.

F2: Of the stock appreciation rights subject to this SAR, 755 were granted on April 30, 2020, and 566 have already vested and been exercised. The remaining 189 are unvested and will vest on April 30, 2024.