SEC Form 4 · accession 0001555280-15-000090
Zoetis Inc. · ZTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Catherine A. Knupp
Officer — Executive Vice President
Period of report
Feb 27, 2015
Accepted (ET)
Mar 3, 2015 · 8:42 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001555280
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F5,F2,F3,F4 | — | Feb 27, 2015 | A | 7,232 | A | — | — | Common Stock | 7,232 | 47,371 | D |
| Stock OptionF6,F7,F8,F9 | — | Feb 27, 2015 | A | 28,563 | A | — | — | Common Stock | 28,563 | 118,175 | D |
Explanation of responses
- F1Represents 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"). Restricted stock units vest and are settled in shares of Zoetis common stock on the third anniversary of the date of grant, subject to the reporting person's continued service through such vesting date and subject to earlier vesting and settlement upon certain specific events. Dividend equivalent units vest and are settled in shares of Zoetis common stock on the third anniversary of the date of grant of the underlying restricted stock units, subject to the reporting person's continued service through such vesting date and subject to earlier vesting and settlement upon certain specific events.
- F2Each RSU represents a contingent right to receive one share of Zoetis Inc. common stock.
- F3Each RSU will be settled in shares of Zoetis Inc. common stock upon vesting.
- F4Not applicable.
- F5The RSUs vest as follows: 9,7813.0159 RSUs will vest on December 31, 2015; 11,731.2428 RSUs will vest on January 31, 2016; 6,357.0440 RSUs will vest on August 15, 2016; 12,238.0660 RSUs will vest on March 4, 2017; 7,232 RSUs will vest on February 27, 2018.
- F6Stock options (right to buy Zoetis Inc. common stock) granted pursuant to the Zoetis Inc. 2013 Equity and Incentive Plan. The options vest on the third anniversary of the date of grant.
- F742,796 options granted January 31, 2013 at an exercise price of $26.00 per option; 46,816 options granted March 4, 2014 at an exercise price of $30.89 per option; 28,563 options granted February 27, 2015 at an exercise price of $46.09 per option.
- F8Each option vests on the third anniversary of the date of grant.
- F9Each option expires on the tenth anniversary of the date of grant.