Frank A. Damelio - Feb 8, 2024 Form 4 Insider Report for Zoetis Inc. (ZTS)

Role
Director
Signature
/s/ Lauren Luptak, as Attorney-in-Fact
Stock symbol
ZTS
Transactions as of
Feb 8, 2024
Transactions value $
$0
Form type
4
Date filed
2/12/2024, 05:57 PM
Previous filing
Feb 8, 2024
Next filing
Feb 13, 2024

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 -1.49K -100% 0 Feb 8, 2024 Common Stock 1.49K Direct F1, F2, F3, F4, F5
transaction ZTS Deferred Stock Unit Award +1.49K +34.25% 5.85K Feb 8, 2024 Common Stock 1.49K Direct F4, F5, F10, F11, F12
holding ZTS Restricted Stock Unit 1.22K Feb 8, 2024 Common Stock 1.22K Direct F1, F2, F4, F6
holding ZTS Restricted Stock Unit 2.68K Feb 8, 2024 Common Stock 2.68K Direct F2, F4, F7, F8, F9
holding ZTS Deferred Stock Unit 9.89K Feb 8, 2024 Common Stock 9.89K Direct F4, F11, F13, F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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").
F2 Each restricted stock unit represents a contingent right to receive one share of Zoetis Inc. common stock.
F3 Each RSU will vest and be settled in shares of Zoetis Inc. common stock on the first anniversary 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.
F4 Not applicable.
F5 Upon the vesting of the reporting person's restricted stock units on February 8, 2024, the reporting person received 1,493.2652 deferred stock units ("DSUs") pursuant to a voluntary deferral under the Zoetis Inc. Amended and Restated Non-Employee Director Deferred Compensation Plan. The DSUs are fully vested, accrue dividend equivalent units, and will be paid in a single lump payment within 30 business days following the earlier to occur of (i) a Termination Event, and (ii) a Change in Control that constitutes a "change in ownership or control" for purposes of Section 409A in accordance with the terms of the Plan.
F6 Each RSU will vest and be settled in shares of Zoetis Inc. common stock on the first anniversary 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.
F7 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").
F8 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.
F9 The RSUs vest as follows: 1,463.3937 RSUs will vest on February 10, 2024; and 1,212.3053 RSUs will vest on February 8, 2025.
F10 Represents deferred stock units granted pursuant to a voluntary deferral under the Zoetis Inc. Amended and Restated Non-Employee Director Deferred Compensation Plan, and dividend equivalent units automatically issued thereon (each a "DSU" and collectively, "DSUs"). The DSUs are fully vested and will be settled in shares of Zoetis Inc. common stock upon the reporting person's separation from service as a director at Zoetis.
F11 Each DSU represents the right to receive one share of Zoetis Inc. common stock.
F12 Includes 4,360.0848 of DSUs previously granted under the Zoetis Inc. Amended and Restated Non-Employee Director Deferred Compensation Plan, including dividend units automatically issued thereon, and 1,493.2652 of DSUs granted upon the vesting of the Reporting Person's RSUs on February 8, 2024.
F13 Represents deferred stock units granted pursuant to the Zoetis Inc. 2013 Equity and Incentive Plan, and dividend equivalent units automatically issued thereon (each a "DSU" and collectively, "DSUs"). The DSUs were fully vested on the date of the grant.
F14 Each DSU will be settled in shares of Zoetis Inc. common stock upon the reporting person's separation from service as a director of Zoetis Inc.