LUDWICK ANDREW K sold 11.4% of their position (5.19K shares) of ZEBRA TECHNOLOGIES CORP on the open market

Open‑market sale worth $841.8K — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

LUDWICK ANDREW K

Filed: 8/20/2018ACC: 0001209191-18-047575

InsiderLUDWICK ANDREW KCIK 1200482

→

IssuerZEBRA TECHNOLOGIES CORPCIK 877212

Director

Since Aug 2018

-11.56K

Net shares

Net seller

$841.8K

Total sold

Open market trades

0B · 1S

Total transactions

5.19K acquired · 16.75K disposed

Non-Derivative Transactions3

Class A Common Stock

Direct

M · Option Exercise

+5.19K

Price / share

$21.83

Trade value

$113.34K

% of position

12.8%

8/16/2018

40.51K→45.70K

Class A Common Stock

Direct

S · Sale

−5.19K

Price / share

$162.14

Trade value

$841.83K

% of position

11.4%

8/16/2018

45.70K→40.51K

Class A Common Stock

Direct

G · Gift

−5.56K

Price / share

—

Trade value

—

% of position

13.7%

8/16/2018

40.51K→34.95K

Total

Net shares

−5.56K

Net value

-$728.49K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	8/16/2018	M · Option Exercise	+5.19K	$21.83	$113.34K	12.8%	40.51K	45.70K
Class A Common Stock Direct	8/16/2018	S · Sale	−5.19K	$162.14	$841.83K	11.4%	45.70K	40.51K
Class A Common Stock Direct	8/16/2018	G · Gift	−5.56K	—	—	13.7%	40.51K	34.95K
Total			−5.56K		-$728.49K

Derivative Transactions1

Stock Appreciation Right

Direct

M · Option Exercise

Converts to

Class A Common Stock

6K shares

−6K

Strike price

21.83

Held after

0.00

Exercisable

—

8/16/2018

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Appreciation Right Direct	Class A Common Stock6K shares	8/16/2018	M · Option Exercise	−6K	21.83	—	0.00

Non-Derivative Holdings (Post-Transaction)1

Class A Common Stock

Direct

Shares owned40.51K

Total

40.51K direct40.51K

Security Title	Shares Owned	Ownership Type
Class A Common Stock	40.51K	Direct
Total	40.51K	40.51K direct

Derivative Holdings (Post-Transaction)3

Stock Appreciation Right

Direct

Underlying security

Class A Common Stock

Underlying shares

4.03K

Shares owned

4.03K

Exercise price

35.97

Expiration

—

Exercise window

—

Stock Appreciation Right

Direct

Underlying security

Class A Common Stock

Underlying shares

Shares owned

Exercise price

26.80

Expiration

—

Exercise window

—

Stock Appreciation Right

Direct

Underlying security

Class A Common Stock

Underlying shares

3.21K

Shares owned

3.21K

Exercise price

42.36

Expiration

—

Exercise window

—

Total

Underlying

13.24K

Owned

13.24K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Appreciation Right Direct	Class A Common Stock	35.97	—	—	4.03K	4.03K
Stock Appreciation Right Direct	Class A Common Stock	26.80	—	—	6K	6K
Stock Appreciation Right Direct	Class A Common Stock	42.36	—	—	3.21K	3.21K
Total					13.24K	13.24K