Colleen M. O'Sullivan - 04 May 2023 Form 4 Insider Report for ZEBRA TECHNOLOGIES CORP (ZBRA)

Role: Chief Accounting Officer
Signature: /s/ Cristen Kogl, Attorney-In-Fact
Issuer symbol: ZBRA
Transactions as of: 04 May 2023
Net transactions value: -$29,297
Form type: 4
Filing time: 08 May 2023, 18:48:58 UTC
Previous filing: 02 May 2023
Next filing: 07 Nov 2023
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	+774	+16%	$0.000000	5,594	04 May 2023	Direct	F1
transaction	ZBRA	Class A Common Stock	Tax liability	$19,166	-70	-1.3%	$273.80	5,524	05 May 2023	Direct
transaction	ZBRA	Class A Common Stock	Tax liability	$10,131	-37	-0.67%	$273.80	5,487	06 May 2023	Direct
holding	ZBRA	Class A Common Stock						4,820	04 May 2023	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						419	04 May 2023	Class A Common Stock	419	$98.87	Direct	F2
holding	ZBRA	Stock Appreciation Right						547	04 May 2023	Class A Common Stock	547	$149.57	Direct	F3
holding	ZBRA	Stock Appreciation Right						816	04 May 2023	Class A Common Stock	816	$205.12	Direct	F4
holding	ZBRA	Stock Appreciation Right						658	04 May 2023	Class A Common Stock	658	$244.97	Direct	F5

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

Explanation of Responses:

Id	Content
F1	Of the restricted stock units subject to this award, 258 vest on May 4, 2024, 258 vest on May 4, 2025, and 258 vest on May 4, 2026.
F2	Of the stock appreciation rights subject to this SAR, 419 vest on May 11, 2018, 419 vest on May 11, 2019, 419 vest on May 11, 2020 and 419 vest on May 11, 2021.
F3	Of the stock appreciation rights subject to this SAR, 273 vest on May 10, 2019, 273 vest on May 10, 2020, 273 vest on May 10, 2021 and 274 vest on May 10, 2022.
F4	Of the stock appreciation rights subject to this SAR, 204 vest on May 2, 2020, 204 vest on May 2, 2021, 204 vest on May 2, 2022 and 204 vest on May 2, 2023.
F5	Of the stock appreciation rights subject to this SAR, 164 vest on April 30, 2021, 164 vest on April 30, 2022, 165 vest on April 30, 2023 and 165 vest on April 30, 2024.