TERZICH MICHAEL H (SVP, Chief Administrative Ofcr) sold 9.0% of their position (3.10K shares) of ZEBRA TECHNOLOGIES CORP on the open market

Open‑market sale worth $502.2K — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 2 sales

TERZICH MICHAEL H

Filed: 8/14/2018ACC: 0001209191-18-046541

InsiderTERZICH MICHAEL HCIK 1273909

→

IssuerZEBRA TECHNOLOGIES CORPCIK 877212

Officer· SVP, Chief Administrative Ofcr

Since Aug 2018

-5.48K

Net shares

Net seller

$502.2K

Total sold

Open market trades

0B · 2S

Total transactions

3.10K acquired · 8.58K disposed

Non-Derivative Transactions4

Class A Common Stock

Direct

M · Option Exercise

+2.49K

Price / share

$51.42

Trade value

$127.98K

% of position

8.0%

8/13/2018

31.19K→33.68K

Class A Common Stock

Direct

S · Sale

−2.49K

Price / share

$162.16

Trade value

$403.62K

% of position

7.4%

8/13/2018

33.68K→31.19K

Class A Common Stock

Direct

M · Option Exercise

+608.00

Price / share

$108.20

Trade value

$65.79K

% of position

1.9%

8/13/2018

31.19K→31.80K

Class A Common Stock

Direct

S · Sale

−608.00

Price / share

$162.16

Trade value

$98.59K

% of position

1.9%

8/13/2018

31.80K→31.19K

Total

Net shares

+0.00

Net value

-$308.44K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	8/13/2018	M · Option Exercise	+2.49K	$51.42	$127.98K	8.0%	31.19K	33.68K
Class A Common Stock Direct	8/13/2018	S · Sale	−2.49K	$162.16	$403.62K	7.4%	33.68K	31.19K
Class A Common Stock Direct	8/13/2018	M · Option Exercise	+608.00	$108.20	$65.79K	1.9%	31.19K	31.80K
Class A Common Stock Direct	8/13/2018	S · Sale	−608.00	$162.16	$98.59K	1.9%	31.80K	31.19K
Total			+0.00		-$308.44K

Derivative Transactions2

Stock Appreciation Right

Direct

M · Option Exercise

Converts to

Class A Common Stock

3.67K shares

−1.83K

Strike price

108.20

Held after

1.83K

Exercisable

—

8/13/2018

Stock Appreciation Right

Direct

M · Option Exercise

Converts to

Class A Common Stock

7.29K shares

−3.65K

Strike price

51.42

Held after

3.65K

Exercisable

—

8/13/2018

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Appreciation Right Direct	Class A Common Stock3.67K shares	8/13/2018	M · Option Exercise	−1.83K	108.20	—	1.83K
Stock Appreciation Right Direct	Class A Common Stock7.29K shares	8/13/2018	M · Option Exercise	−3.65K	51.42	—	3.65K

Non-Derivative Holdings (Post-Transaction)1

Class A Common Stock

Direct

Shares owned31.19K

Total

31.19K direct31.19K

Security Title	Shares Owned	Ownership Type
Class A Common Stock	31.19K	Direct
Total	31.19K	31.19K direct

Derivative Holdings (Post-Transaction)2

Stock Appreciation Right

Direct

Underlying security

Class A Common Stock

Underlying shares

3.19K

Shares owned

3.19K

Exercise price

149.57

Expiration

—

Exercise window

—

Stock Appreciation Right

Direct

Underlying security

Class A Common Stock

Underlying shares

4.86K

Shares owned

4.86K

Exercise price

98.87

Expiration

—

Exercise window

—

Total

Underlying

8.05K

Owned

8.05K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Appreciation Right Direct	Class A Common Stock	149.57	—	—	3.19K	3.19K
Stock Appreciation Right Direct	Class A Common Stock	98.87	—	—	4.86K	4.86K
Total					8.05K	8.05K