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Zoetis Inc. — Director's Dealing 2016
Feb 23, 2016
29945_dirs_2016-02-23_4b12fa2b-ec38-438d-a83c-036cb2405a96.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Zoetis Inc. (ZTS)
CIK: 0001555280
Period of Report: 2016-02-19
Reporting Person: Bernal Alejandro (Executive Vice President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-19 | Restricted Stock Unit | $ | A | 5976 | Acquired | Common Stock (5976.0) | Direct | |
| 2016-02-19 | Stock Option | $ | A | 22341 | Acquired | Common Stock (22341.0) | Direct |
Footnotes
F1: Represents restricted stock units granted pursuant to the Zoetis Inc. 2013 Equity and Incentive Plan, and dividend equivalent units automatically issued thereon (each an "RSU" and collectively, "RSUs"). Restricted stock units vest and are settled in shares of Zoetis common stock on the third anniversary of the date of grant, subject to the reporting person's continued service through such vesting date and subject to earlier vesting and settlement upon certain specific events. Dividend equivalent units vest and are settled in shares of Zoetis common stock on the third anniversary of the date of grant of the underlying restricted stock units, subject to the reporting person's continued service through such vesting date and subject to earlier vesting and settlement upon certain specific events.
F2: Each RSU represents a contingent right to receive one share of Zoetis Inc. common stock.
F3: Each RSU will vest and be settled in shares of Zoetis Inc. common stock on the third anniversary of the date of grant, subject to the reporting person's continued service through such vesting date and subject to earlier vesting and settlement upon certain specific events.
F4: Not applicable.
F5: The RSUs vest as follows: 4,937.0521 restricted stock units will vest on August 15, 2016; 7,398.0690 restricted stock units will vest on March 4, 2017; 4,007.1332 restricted stock units will vest on February 27, 2018; and 5,976 restricted stock units will vest on February 19, 2019.
F6: Stock options (right to buy Zoetis Inc. common stock) granted pursuant to the Zoetis Inc. 2013 Equity and Incentive Plan. The options vest on the third anniversary of the date of grant.
F7: 32,097 options granted January 31, 2013 at an exercise price of $26.00 per option; 28,089 options granted March 4, 2014 at an exercise price of $30.89 per option; 15,709 options granted February 27, 2015 at an exercise price of $46.09 per option; and 22,341 options granted February 19, 2016 at an exercise price of $41.83 per option.
F8: Each option vests on the third anniversary of the date of grant.
F9: Each option expires on the tenth anniversary of the date of grant.