TERZICH MICHAEL H (SVP, Chief Administrative Ofcr) sold 8.4% of their position (2.41K shares) of ZEBRA TECHNOLOGIES CORP on the open market

Open‑market sale worth $487.6K — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 3 sales

TERZICH MICHAEL H

Filed: 6/24/2019ACC: 0001209191-19-038740

InsiderTERZICH MICHAEL HCIK 1273909

→

IssuerZEBRA TECHNOLOGIES CORPCIK 877212

Officer· SVP, Chief Administrative Ofcr

Since Aug 2018

-3.96K

Net shares

Net seller

$487.6K

Total sold

Open market trades

0B · 3S

Total transactions

2.41K acquired · 6.36K disposed

Non-Derivative Transactions6

Class A Common Stock

Direct

M · Option Exercise

+426.00

Price / share

$108.20

Trade value

$46.09K

% of position

1.6%

6/20/2019

26.38K→26.80K

Class A Common Stock

Direct

S · Sale

−426.00

Price / share

$202.57

Trade value

$86.29K

% of position

1.6%

6/20/2019

26.80K→26.38K

Class A Common Stock

Direct

M · Option Exercise

+1.36K

Price / share

$51.42

Trade value

$69.93K

% of position

5.2%

6/20/2019

26.38K→27.74K

Class A Common Stock

Direct

S · Sale

−1.36K

Price / share

$202.57

Trade value

$275.50K

% of position

4.9%

6/20/2019

27.74K→26.38K

Class A Common Stock

Direct

M · Option Exercise

+621.00

Price / share

$98.87

Trade value

$61.40K

% of position

2.4%

6/20/2019

26.38K→27K

Class A Common Stock

Direct

S · Sale

−621.00

Price / share

$202.57

Trade value

$125.80K

% of position

2.3%

6/20/2019

27K→26.38K

Total

Net shares

+0.00

Net value

-$310.16K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	6/20/2019	M · Option Exercise	+426.00	$108.20	$46.09K	1.6%	26.38K	26.80K
Class A Common Stock Direct	6/20/2019	S · Sale	−426.00	$202.57	$86.29K	1.6%	26.80K	26.38K
Class A Common Stock Direct	6/20/2019	M · Option Exercise	+1.36K	$51.42	$69.93K	5.2%	26.38K	27.74K
Class A Common Stock Direct	6/20/2019	S · Sale	−1.36K	$202.57	$275.50K	4.9%	27.74K	26.38K
Class A Common Stock Direct	6/20/2019	M · Option Exercise	+621.00	$98.87	$61.40K	2.4%	26.38K	27K
Class A Common Stock Direct	6/20/2019	S · Sale	−621.00	$202.57	$125.80K	2.3%	27K	26.38K
Total			+0.00		-$310.16K

Derivative Transactions3

Stock Appreciation Right

Direct

M · Option Exercise

Converts to

Class A Common Stock

917.00 shares

−917.00

Strike price

108.20

Held after

0.00

Exercisable

—

6/20/2019

Stock Appreciation Right

Direct

M · Option Exercise

Converts to

Class A Common Stock

3.65K shares

−1.82K

Strike price

51.42

Held after

1.82K

Exercisable

—

6/20/2019

Stock Appreciation Right

Direct

M · Option Exercise

Converts to

Class A Common Stock

3.65K shares

−1.22K

Strike price

98.87

Held after

2.43K

Exercisable

—

6/20/2019

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Appreciation Right Direct	Class A Common Stock917.00 shares	6/20/2019	M · Option Exercise	−917.00	108.20	—	0.00
Stock Appreciation Right Direct	Class A Common Stock3.65K shares	6/20/2019	M · Option Exercise	−1.82K	51.42	—	1.82K
Stock Appreciation Right Direct	Class A Common Stock3.65K shares	6/20/2019	M · Option Exercise	−1.22K	98.87	—	2.43K

Non-Derivative Holdings (Post-Transaction)1

Class A Common Stock

Direct

Shares owned26.38K

Total

26.38K direct26.38K

Security Title	Shares Owned	Ownership Type
Class A Common Stock	26.38K	Direct
Total	26.38K	26.38K direct

Derivative Holdings (Post-Transaction)2

Stock Appreciation Right

Direct

Underlying security

Class A Common Stock

Underlying shares

2.40K

Shares owned

2.40K

Exercise price

205.12

Expiration

—

Exercise window

—

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

—

Total

Underlying

5.59K

Owned

5.59K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Appreciation Right Direct	Class A Common Stock	205.12	—	—	2.40K	2.40K
Stock Appreciation Right Direct	Class A Common Stock	149.57	—	—	3.19K	3.19K
Total					5.59K	5.59K