Michael B. Mccallister - Feb 10, 2024 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 10, 2024
Transactions value $: -$73,798
Form type: 4
Date filed: 2/13/2024, 05:08 PM
Previous filing: Feb 12, 2024
Next filing: Apr 18, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZTS	Common Stock	Options Exercise		+1.46K	+9.28%		17.2K	Feb 10, 2024	Direct	F1
transaction	ZTS	Common Stock	Other	-$73.8K	-374	-2.17%	$197.32	16.9K	Feb 10, 2024	Direct	F2
holding	ZTS	Common Stock						6.16K	Feb 10, 2024	By trust	F3
holding	ZTS	Common Stock						2.84K	Feb 10, 2024	By 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		-1.46K	-54.69%		1.21K	Feb 10, 2024	Common Stock	1.46K		Direct	F1, F5, F6, F7, F8, F9
holding	ZTS	Restricted Stock Unit						1.22K	Feb 10, 2024	Common Stock	1.22K		Direct	F6, F8, F10, F11

* 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 Charlene McCallister Revocable Trust of which the reporting person's spouse is a settlor, trustee and a beneficiary.
F4	Shares held in The Charlene G. McCallister 2022 Grantor Retained Annuity Trust, for the benefit of the reporting person's spouse.
F5	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").
F6	Each restricted stock unit represents a contingent right to receive one share of Zoetis Inc. common stock.
F7	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: 1,463.3937 RSUs vested on February 10, 2024; and 1,212.3053 RSUs will vest on February 8, 2025.
F8	Not applicable.
F9	Each RSU will vest and be settled in shares of Zoetis Inc. common stock on the third anniversary of the date of grant, February 8, 2022; subject to the reporting person's continued service through such vesting date and subject to earlier vesting and settlement upon certain specific events.
F10	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").
F11	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.