Bill Burns - 08 Feb 2024 Form 4 Insider Report for ZEBRA TECHNOLOGIES CORP (ZBRA)

Role: Chief Executive Officer, Director
Signature: /s/ Cristen Kogl, Attorney-In-Fact
Issuer symbol: ZBRA
Transactions as of: 08 Feb 2024
Net transactions value: $0
Form type: 4
Filing time: 09 Feb 2024, 14:33:15 UTC
Previous filing: 09 Nov 2023
Next filing: 05 Mar 2024
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	Award	$0	+952	+4.3%	$0.000000	22,958	08 Feb 2024	Direct	F1
holding	ZBRA	Class A Common Stock						22,006	08 Feb 2024	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	08 Feb 2024	Class A Common Stock	7,709	$98.87	Direct	F2
holding	ZBRA	Stock Appreciation Right						5,463	08 Feb 2024	Class A Common Stock	5,463	$149.57	Direct	F3
holding	ZBRA	Stock Appreciation Right						4,364	08 Feb 2024	Class A Common Stock	4,364	$205.12	Direct	F4
holding	ZBRA	Stock Appreciation Right						3,901	08 Feb 2024	Class A Common Stock	3,901	$244.97	Direct	F5

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

Explanation of Responses:

Id	Content
F1	Previously unreportable performance based restricted stock (PVRS) granted May 6, 2021 with a 3-year performance period ended December 31, 2023 that were converted to restricted shares as of February 8, 2024 based on performance certification with a May 6, 2024 vesting date.
F2	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.
F3	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.
F4	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.
F5	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.