Gregory Norden - 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 $
-$64,599
Form type
4
Date filed
2/14/2023, 03:54 PM
Previous filing
Feb 10, 2023
Next filing
Mar 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZTS Common Stock Options Exercise +1.63K 1.63K Feb 11, 2023 Direct F1
transaction ZTS Common Stock Other -$64.6K -408 -25.09% $158.33 1.22K Feb 11, 2023 Direct F2
holding ZTS Common Stock 5.9K Feb 11, 2023 By personal trust F3
holding ZTS Common Stock 2.85K Feb 11, 2023 By son's trust F4
holding ZTS Common Stock 2.85K Feb 11, 2023 By daughter's trust F4

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 +158.7% 2.65K Feb 11, 2023 Common Stock 1.63K Direct F1, F5, F6
holding ZTS Restricted Stock Unit 1.48K Feb 11, 2023 Common Stock 1.48K 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 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 This total reflects a transfer by the Reporting Person of 2,002 shares that was exempt from Section 16 that occurred in the first quarter of 2022.
F4 Includes an additional 44 shares acquired through a dividend reinvestment program.
F5 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.
F6 Not applicable.
F7 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.
F8 Each restricted stock unit represents a contingent right to receive one share of Zoetis Inc. common stock.
F9 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.