Gregory Norden - 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 $
-$72,416
Form type
4
Date filed
2/13/2024, 05:10 PM
Previous filing
Feb 12, 2024
Next filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZTS Common Stock Options Exercise +1.46K +62.63% 3.8K Feb 10, 2024 Direct F1
transaction ZTS Common Stock Other -$72.4K -367 -9.66% $197.32 3.43K Feb 10, 2024 Direct F2
holding ZTS Common Stock 1.8K Feb 10, 2024 By personal trust
holding ZTS Common Stock 5.55K Feb 10, 2024 By daughter's trust
holding ZTS Common Stock 5.55K Feb 10, 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 -1.46K -54.69% 1.21K Feb 10, 2024 Common Stock 1.46K Direct F1, F3, F4, F5, F6, F7
holding ZTS Restricted Stock Unit 1.22K Feb 10, 2024 Common Stock 1.22K 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.