Gregory Norden - 10 Feb 2024 Form 4 Insider Report for Zoetis Inc. (ZTS)

Role
Director
Signature
/s/ Brenda Santuccio, as Attorney-in-Fact
Issuer symbol
ZTS
Transactions as of
10 Feb 2024
Net transactions value
-$72,416
Form type
4
Filing time
13 Feb 2024, 17:10:44 UTC
Previous filing
12 Feb 2024
Next filing
22 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZTS Common Stock Options Exercise +1,463 +63% 3,799 10 Feb 2024 Direct F1
transaction ZTS Common Stock Other $72,416 -367 -9.7% $197.32 3,432 10 Feb 2024 Direct F2
holding ZTS Common Stock 1,801 10 Feb 2024 By personal trust
holding ZTS Common Stock 5,548 10 Feb 2024 By daughter's trust
holding ZTS Common Stock 5,548 10 Feb 2024 By son's trust

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 -1,463 -55% 1,212 10 Feb 2024 Common Stock 1,463 Direct F1, F3, F4, F5, F6, F7
holding ZTS Restricted Stock Unit 1,223 10 Feb 2024 Common Stock 1,223 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 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 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").
F4 Each restricted stock unit represents a contingent right to receive one share of Zoetis Inc. common stock.
F5 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.
F6 Not applicable.
F7 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.
F8 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").
F9 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.