Bill Burns - 05 Aug 2021 Form 4 Insider Report for ZEBRA TECHNOLOGIES CORP (ZBRA)

Role: Chief Product & Solutions
Signature: /s/ Cristen Kogl, Attorney-In-Fact
Issuer symbol: ZBRA
Transactions as of: 05 Aug 2021
Net transactions value: -$1,640,516
Form type: 4
Filing time: 09 Aug 2021, 16:15:46 UTC
Previous filing: 03 Jun 2021
Next filing: 23 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZBRA	Class A Common Stock	Sale	$1,640,516	-2,892	-28%	$567.26	7,267	05 Aug 2021	Direct
holding	ZBRA	Class A Common Stock						10,159	05 Aug 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	ZBRA	Stock Appreciation Right						7,709	05 Aug 2021	Class A Common Stock	7,709	$98.87	Direct	F1
holding	ZBRA	Stock Appreciation Right						5,463	05 Aug 2021	Class A Common Stock	5,463	$149.57	Direct	F2
holding	ZBRA	Stock Appreciation Right						4,364	05 Aug 2021	Class A Common Stock	4,364	$205.12	Direct	F3
holding	ZBRA	Stock Appreciation Right						3,901	05 Aug 2021	Class A Common Stock	3,901	$244.97	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Of the stock appreciation rights subject to this SAR, 1,927 vest on May 11, 2018, 1,927 vest on May 11, 2019, 1,927 vest on May 11, 2020 and 1,928 vest on May 11, 2021.
F2	Of the stock appreciation rights subject to this SAR, 1,365 vest on May 10, 2019, 1,366 vest on May 10, 2020, 1,366 vest on May 10, 2021 and 1,366 vest on May 10, 2022.
F3	Of the stock appreciation rights subject to this SAR, 1,091 vest on May 2, 2020, 1,091 vest on May 2, 2021, 1,091 vest on May 2, 2022 and 1,091 vest on May 2, 2023.
F4	Of the stock appreciation rights subject to this SAR, 975 vest on April 30, 2021, 975 vest on April 30, 2022, 975 vest on April 30, 2023 and 976 vest on April 30, 2024.