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

Signature
/s/ Brenda L. Santuccio, as Attorney-in-Fact
Stock symbol
ZTS
Transactions as of
Apr 8, 2022
Transactions value $
$25,628
Form type
4
Date filed
4/12/2022, 08:07 PM
Previous filing
Apr 1, 2022
Next filing
Jul 19, 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 Phantom Stock Unit Award $25.6K +412 +15.65% $62.20 3.04K Apr 8, 2022 Common Stock 947 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These phantom stock units, which were acquired pursuant to the Zoetis Supplemental Savings Plan, are settled in cash following the reporting person's separation from service and may be transferred by the reporting person into an alternative investment fund at any time, provided Zoetis may limit the timing, frequency and permissibility of transfers from one investment fund to another at any time.
F2 Each phantom stock unit represents a fraction of a phantom share of Zoetis common stock, plus a small amount of cash-equivalent investments (the cash-equivalent investments typically represent around 5% of the total value of the phantom stock unit). Accordingly, the value of each phantom stock unit is determined by reference to the market value of Zoetis common stock and the value of the cash-equivalent investments.