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: White Joseph Ramsey (Chief Product & Solutions)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-05	Class A Common Stock	A	244	—	Acquired	8979	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	8644	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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 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: Includes shares held in Zebra's Employee Stock Purchase Plan. Total reflects the addition of 91 ESPP shares that were purchased in 2024.

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.