Nicholas Ashton - Oct 30, 2023 Form 4 Insider Report for Zoetis Inc. (ZTS)

Role: Executive Vice President
Signature: /s/ Brenda Santuccio, as Attorney-in-Fact
Stock symbol: ZTS
Transactions as of: Oct 30, 2023
Transactions value $: -$40,349
Form type: 4
Date filed: 10/31/2023, 05:10 PM
Previous filing: Feb 10, 2023
Next filing: Feb 6, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZTS	Common Stock	Options Exercise		+492			492	Oct 30, 2023	Direct	F1
transaction	ZTS	Common Stock	Tax liability	-$40.3K	-257	-52.24%	$157.00	235	Oct 30, 2023	Direct

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		-492	-58.01%		356	Oct 30, 2023	Common Stock	492		Direct	F1, F2, F3, F4
holding	ZTS	Restricted Stock Unit						1.16K	Oct 30, 2023	Common Stock	1.16K		Direct	F3, F4, F5

* 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	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: 188.2888 RSUs will vest on February 10, 2024; and 168.0255 RSUs will vest on February 8, 2025.
F3	Each RSU represents a contingent right to receive one share of Zoetis Inc. common stock.
F4	Not applicable.
F5	Represents restricted stock units granted on February 8, 2023, 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"). One-third of the RSUs vest and are settled in shares of Zoetis common stock on each of the first, second and third anniversaries of the date of grant, respectively, subject to the reporting person's continued service through such vesting date and subject to earlier vesting and settlement upon certain specific events.