Robert John Armstrong Jr - 04 Mar 2025 Form 4 Insider Report for ZEBRA TECHNOLOGIES CORP (ZBRA)

Role: Chief Marketing Officer
Signature: /s/ Cristen Kogl, Attorney-In-Fact
Issuer symbol: ZBRA
Transactions as of: 04 Mar 2025
Net transactions value: +$470,079
Form type: 4
Filing time: 06 Mar 2025, 17:45:11 UTC
Previous filing: 07 Feb 2025
Next filing: 18 Mar 2025
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	$470,079	+1,532	+36%	$306.84	5,730	04 Mar 2025	Direct
holding	ZBRA	Class A Common Stock						4,198	04 Mar 2025	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						166	04 Mar 2025	Class A Common Stock	166	$205.12	Direct	F1
holding	ZBRA	Stock Appreciation Right						198	04 Mar 2025	Class A Common Stock	198	$244.97	Direct	F2

* 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, 83 vested on each of May 2, 2022 and 2023.
F2	Of the stock appreciation rights subject to this SAR, 66 vested on each of April 30, 2022, 2023 and 2024.