Nathan Andrew Winters - 08 Nov 2023 Form 4 Insider Report for ZEBRA TECHNOLOGIES CORP (ZBRA)

Role: Chief Financial Officer
Signature: /s/ Cristen Kogl, Attorney-In-Fact
Issuer symbol: ZBRA
Transactions as of: 08 Nov 2023
Net transactions value: +$100,585
Form type: 4
Filing time: 09 Nov 2023, 14:01:32 UTC
Previous filing: 07 Nov 2023
Next filing: 09 Feb 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	Purchase	$100,585	+479	+4.7%	$209.99	10,762	08 Nov 2023	Direct	F1
holding	ZBRA	Class A Common Stock						10,283	08 Nov 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						552	08 Nov 2023	Class A Common Stock	552	$149.57	Direct	F2
holding	ZBRA	Stock Appreciation Right						315	08 Nov 2023	Class A Common Stock	315	$205.12	Direct	F3
holding	ZBRA	Stock Appreciation Right						578	08 Nov 2023	Class A Common Stock	578	$244.97	Direct	F4

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at a weighted average of $209.99.
F2	Of the stock appreciation rights subject to this SAR, 552 vest on May 10, 2021 and 552 vest on May 10, 2022.
F3	Of the stock appreciation rights subject to this SAR, 105 vest on May 2, 2021, 105 vest on May 2, 2022 and 105 vest on May 2, 2023.
F4	Of the stock appreciation rights subject to this SAR, 144 vest on April 30, 2021, 144 vest on April 30, 2022, 145 vest on April 30, 2023 and 145 vest on April 30, 2024.