Cristen L. Kogl - 04 Mar 2025 Form 4 Insider Report for ZEBRA TECHNOLOGIES CORP (ZBRA)

Role: Chief Legal Officer
Signature: /s/ Derek Spychalski, Attorney-In-Fact
Issuer symbol: ZBRA
Transactions as of: 04 Mar 2025
Net transactions value: +$1,000,298
Form type: 4
Filing time: 06 Mar 2025, 17:53:40 UTC
Previous filing: 07 Feb 2025
Next filing: 06 May 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	$1,000,298	+3,260	+21%	$306.84	18,698	04 Mar 2025	Direct
holding	ZBRA	Class A Common Stock						15,438	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						2,260	04 Mar 2025	Class A Common Stock	2,260	$205.12	Direct	F1
holding	ZBRA	Stock Appreciation Right						2,454	04 Mar 2025	Class A Common Stock	2,454	$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, 565 vest on May 2, 2020, 565 vest on May 2, 2021, 565 vest on May 2, 2022 and 565 vest on May 2, 2023.
F2	Of the stock appreciation rights subject to this SAR, 613 vest on April 30, 2021, 613 vest on April 30, 2022, 614 vest on April 30, 2023 and 614 vest on April 30, 2024.