HEEL JOACHIM (SVP, Global Sales) received a stock award from ZEBRA TECHNOLOGIES CORP

Compensation award — not an open‑market transaction. Less informative as a directional signal.

A · 1 award

HEEL JOACHIM

Filed: 5/6/2019ACC: 0001209191-19-027756

InsiderHEEL JOACHIMCIK 1401656

→

IssuerZEBRA TECHNOLOGIES CORPCIK 877212

Officer· SVP, Global Sales

Since Aug 2018

+5.32K

Net shares

Net buyer

$420.1K

Total acquired

Open market trades

0B · 0S

Total transactions

5.32K acquired

Non-Derivative Transactions1

Class A Common Stock

Direct

A · Award

+2.05K

Price / share

$205.12

Trade value

$420.09K

% of position

5.9%

5/2/2019

34.49K→36.54K

Total

Net shares

+2.05K

Net value

$420.09K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	5/2/2019	A · Award	+2.05K	$205.12	$420.09K	5.9%	34.49K	36.54K
Total			+2.05K		$420.09K

Derivative Transactions1

Stock Appreciation Right

Direct

A · Award

Converts to

Class A Common Stock

3.27K shares

+3.27K

Strike price

205.12

Held after

3.27K

Exercisable

—

5/2/2019

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Appreciation Right Direct	Class A Common Stock3.27K shares	5/2/2019	A · Award	+3.27K	205.12	—	3.27K

Non-Derivative Holdings (Post-Transaction)1

Class A Common Stock

Direct

Shares owned34.49K

Total

34.49K direct34.49K

Security Title	Shares Owned	Ownership Type
Class A Common Stock	34.49K	Direct
Total	34.49K	34.49K direct

Derivative Holdings (Post-Transaction)5

Stock Appreciation Right

Direct

Underlying security

Class A Common Stock

Underlying shares

8.85K

Shares owned

8.85K

Exercise price

0.00

Expiration

—

Exercise window

—

Stock Appreciation Right

Direct

Underlying security

Class A Common Stock

Underlying shares

6.03K

Shares owned

6.03K

Exercise price

98.87

Expiration

—

Exercise window

—

Stock Appreciation Right

Direct

Underlying security

Class A Common Stock

Underlying shares

4.53K

Shares owned

4.53K

Exercise price

108.20

Expiration

—

Exercise window

—

Stock Appreciation Right

Direct

Underlying security

Class A Common Stock

Underlying shares

4.20K

Shares owned

4.20K

Exercise price

149.57

Expiration

—

Exercise window

—

Stock Appreciation Right

Direct

Underlying security

Class A Common Stock

Underlying shares

8.57K

Shares owned

8.57K

Exercise price

73.50

Expiration

—

Exercise window

—

Total

Underlying

32.19K

Owned

32.19K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Appreciation Right Direct	Class A Common Stock	0.00	—	—	8.85K	8.85K
Stock Appreciation Right Direct	Class A Common Stock	98.87	—	—	6.03K	6.03K
Stock Appreciation Right Direct	Class A Common Stock	108.20	—	—	4.53K	4.53K
Stock Appreciation Right Direct	Class A Common Stock	149.57	—	—	4.20K	4.20K
Stock Appreciation Right Direct	Class A Common Stock	73.50	—	—	8.57K	8.57K
Total					32.19K	32.19K