Nathan Andrew Winters - 02 May 2024 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: 02 May 2024
Net transactions value: +$1,500,129
Form type: 4
Filing time: 06 May 2024, 15:49:18 UTC
Previous filing: 20 Feb 2024
Next filing: 07 May 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	$1,500,129	+4,854	+43%	$309.05	16,052	02 May 2024	Direct	F1
holding	ZBRA	Class A Common Stock						11,198	02 May 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						552	02 May 2024	Class A Common Stock	552	$149.57	Direct	F2
holding	ZBRA	Stock Appreciation Right						315	02 May 2024	Class A Common Stock	315	$205.12	Direct	F3
holding	ZBRA	Stock Appreciation Right						578	02 May 2024	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	Of the restricted stock units subject to this award, 1,618 vest on May 2, 2025, 1,618 vest on May 2, 2026, and 1,618 vest on May 2, 2027.
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.