SEC Form 4 · accession 0001555280-18-000078
Zoetis Inc. · ZTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Heidi C. Chen
Officer — Executive Vice President
Period of report
Feb 20, 2018
Accepted (ET)
Feb 21, 2018 · 4:58 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001555280
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 20, 2018 | M | 37,453 | $30.89 | A | 57,615 | D | |
| Common StockF1 | Feb 20, 2018 | S | 37,453 | $81.02 | D | 20,162 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2,F6,F3,F4,F5 | — | Feb 20, 2018 | M | 37,453 | D | — | — | Common Stock | 37,453 | 94,516 | D |
Explanation of responses
- F1The Price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.01 to $81.07, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2Stock option (right to buy Zoetis Inc. common stock) granted pursuant to the Zoetis Inc. 2013 Equity and Incentive Plan. The option vests on the third anniversary of the date of grant.
- F337,453 options granted March 4, 2014 at an exercise price of $30.89 per option.
- F4Each option vests on the third anniversary of the date of grant.
- F5Each option expires on the tenth anniversary of the date of grant.
- F622,850 options granted February 27, 2015 at an exercise price of $46.09 per option; 28,299 options granted February 19, 2016 at an exercise price of $41.83 per option; 24,475 options granted February 14, 2017 at an exercise price of $55.02 per option; and 18,892 options granted February 13, 2018 at an exercise price of $73.24 per option.