Timothy J. Bettington - Feb 8, 2022 Form 4 Insider Report for Zoetis Inc. (ZTS)

Role: Executive Vice President
Signature: /s/ Brenda L. Santuccio, as Attorney-in-Fact
Stock symbol: ZTS
Transactions as of: Feb 8, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/10/2022, 05:34 PM
Previous filing: Jan 19, 2022
Next filing: Apr 1, 2022

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	Restricted Stock Unit	Award	$0	+1.68K	+53.31%	$0.00	4.82K	Feb 8, 2022	Common Stock	1.68K		Direct	F1, F2, F3, F4, F5
transaction	ZTS	Stock Option	Award	$0	+6.6K	+49.83%	$0.00	19.8K	Feb 8, 2022	Common Stock	6.6K		Direct	F6, F7, F8, F9

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

Explanation of Responses:

Id	Content
F1	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.
F2	Each restricted stock unit represents a contingent right to receive one share of Zoetis Inc. common stock.
F3	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.
F4	Not applicable.
F5	The RSUs vest as follows: 1,579.5504 RSUs will vest on February 11, 2023; 1,564.5712 RSUs will vest on February 10, 2024; and 1,676 RSUs will vest on February 8, 2025.
F6	Stock options (right to buy Zoetis Inc. common stock) granted pursuant to the Zoetis Inc. 2013 Equity and Incentive Plan. The options vest on the third anniversary of the date of grant.
F7	6,633 options granted February 11, 2020 at an exercise price of $144.03 per option; 6,610 options granted February 10, 2021 at an exercise price of $160.62 per option; and 6,599 options granted February 8, 2022 at an exercise price of $201.30 per option.
F8	Each option vests on the third anniversary of the date of grant.
F9	Each option expires on the tenth anniversary of the date of grant.