Michael B. Mccallister - Feb 11, 2023 Form 4 Insider Report for Zoetis Inc. (ZTS)

Role: Director
Signature: /s/ Brenda Santuccio, as Attorney-in-Fact
Stock symbol: ZTS
Transactions as of: Feb 11, 2023
Transactions value $: -$69,824
Form type: 4
Date filed: 2/14/2023, 03:54 PM
Previous filing: Feb 10, 2023
Next filing: Apr 20, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZTS	Common Stock	Options Exercise		+1.63K	+12.07%		15.1K	Feb 11, 2023	Direct	F1
transaction	ZTS	Common Stock	Other	-$69.8K	-441	-2.92%	$158.33	14.7K	Feb 11, 2023	Direct	F2
holding	ZTS	Common Stock						9K	Feb 11, 2023	By trust	F3

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	Options Exercise		-1.63K	-38.02%		2.65K	Feb 11, 2023	Common Stock	1.63K		Direct	F1, F4, F5
holding	ZTS	Restricted Stock Unit						1.48K	Feb 11, 2023	Common Stock	1.48K		Direct	F5, F6, F7, F8

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

Explanation of Responses:

Id	Content
F1	Acquisition of common stock upon vesting and settlement of restricted stock units (RSUs). Each RSU represents a right to receive one share of Zoetis Inc. common stock upon vesting of the RSU.
F2	Disposition of shares to the Company in exchange for cash based on the closing share price of Zoetis Inc. common stock as of the vesting date.
F3	Shares held in the Michael B. McCallister Revocable Trust, of which the reporting person is a settlor, a trustee and a beneficiary.
F4	Restricted stock units previously granted pursuant to the Zoetis Inc. 2013 Equity and Incentive Plan, and dividend equivalent units automatically issued thereon (each an "RSU" and collectively, "RSUs"). The RSUs vest as follows and are settled in Zoetis common stock upon vesting: 1,450.3939 RSUs will vest on February 10, 2024; and 1,201.5360 RSUs will vest on February 8, 2025.
F5	Not applicable.
F6	Represents restricted stock units granted pursuant to the Zoetis Inc. Amended and Restated 2013 Equity and Incentive Plan, and dividend equivalent units automatically issued thereon (each an "RSU" and collectively, "RSUs"). RSUs vest and are settled in shares of Zoetis common stock on the first 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. The RSUs vest as follows and are settled in Zoetis common stock upon vesting: 1,480 RSUs will vest on February 8, 2024.
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 first 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.