Roxanne Lagano - Feb 8, 2024 Form 4 Insider Report for Zoetis Inc. (ZTS)

Signature
/s/ Lauren Luptak, as Attorney-in-Fact
Stock symbol
ZTS
Transactions as of
Feb 8, 2024
Transactions value $
-$44,631
Form type
4
Date filed
2/12/2024, 05:53 PM
Previous filing
Feb 8, 2024
Next filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZTS Common Stock Options Exercise +591 +3.36% 18.2K Feb 8, 2024 Direct F1
transaction ZTS Common Stock Tax liability -$44.6K -228 -1.26% $195.75 17.9K Feb 8, 2024 Direct
holding ZTS Common Stock 794 Feb 8, 2024 401(k) F2

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 -592 -33.36% 1.18K Feb 8, 2024 Common Stock 592 Direct F1, F3, F4, F5, F6
holding ZTS Restricted Stock Unit 1.59K Feb 8, 2024 Common Stock 1.59K Direct F3, F4, F6, F7
holding ZTS Restricted Stock Unit 3.1K Feb 8, 2024 Common Stock 3.1K Direct F4, F6, 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 Represents the common stock equivalents held in the Zoetis Inc. Savings Plan, a 401(k) plan, as of December 31, 2023.
F3 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").
F4 Each RSU represents a contingent right to receive one share of Zoetis Inc. common stock.
F5 One-third of each RSU will vest and be settled in shares of Zoetis Inc. common stock on the first, second and third anniversaries of the date of grant, February 8, 2023; subject to the reporting person's continued service through such vesting date and subject to earlier vesting and settlement upon certain specific events.
F6 Not applicable.
F7 One-third of each RSU will vest and be settled in shares of Zoetis Inc. common stock on the first, second and third anniversaries of the date of grant, February 6, 2024; subject to the reporting person's continued service through such vesting date and subject to earlier vesting and settlement upon certain specific events.
F8 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").
F9 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. The RSUs vest as follows: 1,710.8718 RSUs will vest on February 10, 2024; and 1,389.2694 RSUs will vest on February 8, 2025.