Roxanne Lagano - 08 Feb 2025 Form 4 Insider Report for Zoetis Inc. (ZTS)

Role
Executive Vice President
Signature
/s/ Brenda Santuccio, as Attorney-in-Fact
Issuer symbol
ZTS
Transactions as of
08 Feb 2025
Net transactions value
-$174,091
Form type
4
Filing time
11 Feb 2025, 17:15:24 UTC
Previous filing
10 Feb 2025
Next filing
21 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZTS Common Stock Options Exercise +597 +3.9% 15,719 08 Feb 2025 Direct F1
transaction ZTS Common Stock Tax liability $38,743 -226 -1.4% $171.43 15,493 08 Feb 2025 Direct
transaction ZTS Common Stock Options Exercise +1,404 +9.1% 16,897 08 Feb 2025 Direct F1
transaction ZTS Common Stock Tax liability $79,544 -464 -2.7% $171.43 16,433 08 Feb 2025 Direct
transaction ZTS Common Stock Sale $55,805 -326 -2% $171.18 16,107 11 Feb 2025 Direct F2, F3
holding ZTS Common Stock 812 08 Feb 2025 401(k) 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 -598 -50% 597 08 Feb 2025 Common Stock 598 Direct F1, F5, F6, F7, F8
transaction ZTS Restricted Stock Unit Options Exercise -1,404 -100% 0 08 Feb 2025 Common Stock 1,404 Direct F1, F6, F8, F9, F10
holding ZTS Restricted Stock Unit 1,074 08 Feb 2025 Common Stock 1,074 Direct F5, F6, F8, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 13, 2024.
F3 The Price reported in Table I, Column 4 is the price at which these shares were sold in a single transaction.
F4 Represents the common stock equivalents held in the Zoetis Inc. Savings Plan, a 401(k) plan, as of December 31, 2024.
F5 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").
F6 Each RSU represents a contingent right to receive one share of Zoetis Inc. common stock.
F7 One-third of each RSU vests and is 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.
F8 Not applicable.
F9 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").
F10 Each RSU vests and is settled in shares of Zoetis Inc. common stock on the third anniversary of the date of grant, February 8, 2022.
F11 One-third of each RSU vests and is 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.