Robert John Armstrong Jr. - 05 Feb 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: 05 Feb 2025
Net transactions value: $0
Form type: 4
Filing time: 07 Feb 2025, 15:42:57 UTC
Previous filing: 08 Nov 2024
Next filing: 06 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	$0	+68	+1.6%	$0.000000	4,198	05 Feb 2025	Direct	F1, F2
holding	ZBRA	Class A Common Stock						4,055	05 Feb 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	05 Feb 2025	Class A Common Stock	166	$205.12	Direct	F3
holding	ZBRA	Stock Appreciation Right						198	05 Feb 2025	Class A Common Stock	198	$244.97	Direct	F4

* 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 on May 5, 2022, with a three-year performance period ended December 31, 2024. The number of shares to result from this PVRS grant was determined on February 5, 2025, and the PVRS will vest on May 5, 2025.
F2	Includes shares held in Zebra's Employee Stock Purchase Plan. Total reflects the addition of 75 ESPP shares that were purchased in 2024.
F3	Of the stock appreciation rights subject to this SAR, 83 vested on each of May 2, 2022 and 2023.
F4	Of the stock appreciation rights subject to this SAR, 66 vested on each of April 30, 2022, 2023 and 2024.