William C. Steere Jr - May 20, 2021 Form 4 Insider Report for Zoetis Inc. (ZTS)

Role
Director
Signature
/s/ Brenda Santuccio, as Attorney-in-Fact
Stock symbol
ZTS
Transactions as of
May 20, 2021
Transactions value $
$0
Form type
4
Date filed
5/24/2021, 05:20 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZTS Common Stock Options Exercise +10.5K +55.37% 29.4K May 20, 2021 Direct F1
transaction ZTS Common Stock Options Exercise +5.7K +19.41% 35.1K May 20, 2021 Direct F2

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
transaction ZTS Deferred Stock Unit Options Exercise $0 -10.5K -100% $0.00* 0 May 20, 2021 Common Stock 10.5K Direct F3, F4, F5
transaction ZTS Restricted Stock Unit Options Exercise $0 -5.7K -100% $0.00* 0 May 20, 2021 Common Stock 5.7K Direct F6, F7, F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

William C. Steere Jr is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Acquisition of common stock upon vesting and settlement of deferred stock units (DSUs) in connection with Mr. Steere's retirement from the Zoetis Board of Directors. Each DSU represents a right to receive one share of Zoetis Inc. common stock upon settlement of the DSU.
F2 Acquisition of common stock upon vesting and settlement of restricted stock units (RSUs) in connection with Mr. Steere's retirement from the Zoetis Board of Directors. Each RSU represents a right to receive one share of Zoetis Inc. common stock upon vesting of the RSU.
F3 Represents deferred stock units granted pursuant to the Zoetis Inc. 2013 Equity and Incentive Plan, and dividend equivalent units automatically issued thereon (each a "DSU" and collectively, "DSUs"). The DSUs were fully vested on the date of the grant and will be settled in shares of Zoetis Inc. common stock upon the reporting person's separation from service as a director at Zoetis.
F4 Each DSU represents a contingent right to receive one share of Zoetis Inc. common stock.
F5 Each DSU will be settled in shares of Zoetis Inc. common stock upon the reporting person's separation from service as a director of Zoetis Inc.
F6 Represents restricted stock units granted pursuant to the Zoetis Inc. 2013 Equity and Incentive Plan, and dividend equivalent units automatically issued thereon (each an "RSU" and collectively, "RSUs"). Restricted stock units vest and are settled in shares of Zoetis common stock on the third anniversary of the date of grant, subject to the reporting person's continued service through such vesting date and subject to earlier vesting and settlement upon certain specific events. Dividend equivalent units vest and are settled in shares of Zoetis common stock on the third anniversary of the date of grant of the underlying restricted stock units, subject to the reporting person's continued service through such vesting date and subject to earlier vesting and settlement upon certain specific events.
F7 Each restricted stock unit represents a contingent right to receive one share of Zoetis Inc. common stock.
F8 Each RSU will vest and be settled in shares of Zoetis Inc. common stock on the third anniversary of the date of grant, subject to the reporting person's continued service through such vesting date and subject to earlier vesting and settlement upon certain specific events.
F9 Not applicable.