SEC Form 4 · accession 0001555280-18-000115
Zoetis Inc. · ZTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clinton A. Lewis Jr.
Officer — Executive Vice President
Period of report
Feb 27, 2018
Accepted (ET)
Mar 1, 2018 · 5:16 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 StockF1 | Feb 27, 2018 | M | 7,394 | — | A | 38,081 | D | |
| Common Stock | Feb 27, 2018 | F | 1,767 | $81.67 | D | 36,314 | D | |
| Common StockF2 | Feb 27, 2018 | M | 10,795 | — | A | 47,109 | D | |
| Common Stock | Feb 27, 2018 | F | 2,606 | $81.67 | D | 44,503 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF3,F1 | — | Feb 27, 2018 | M | 7,395 | D | — | — | Common Stock | 7,395 | 25,069 | D |
| Performance Award UnitF4,F2 | — | Feb 27, 2018 | M | 10,796 | D | — | — | Common Stock | 10,796 | 0 | D |
Explanation of responses
- F1Acquisition of common stock upon vesting and settlement of restricted stock units (RSUs). Each RSU represents a right to receive one share of Zoetis Inc. common stock upon vesting of the RSU.
- F2Acquisition of common stock upon vesting and settlement of performance award units. Each performance award unit represents a right to receive one share of Zoetis Inc. common stock upon vesting of the performance award unit.
- F3Restricted stock units previously granted pursuant to the Zoetis Inc. 2013 Equity and Incentive Plan, and dividend equivalent units automatically issued thereon (each an "RSU" and collectively, "RSUs"). The RSUs vest as follows and are settled in Zoetis common stock upon vesting: 7,394.8771 RSUs vested on February 27, 2018; 9,703.8279 RSUs will vest on February 19, 2019; 8,539.1257 RSUs will vest on February 14, 2020; and 6,826 RSUs will vest on February 13, 2021.
- F4Performance award units having a three-year performance period covering 2015-2017 previously granted pursuant to the Zoetis Inc. 2013 Equity and Incentive Plan, and dividend equivalent units automatically issued thereon. The performance award units reported herein were deemed acquired on February 13, 2018, which is the date the Zoetis Compensation Committee certified the level of achievement of the applicable performance goal for these performance award units. The performance award units (and dividend equivalent units issued thereon) vested on February 27, 2018 and were settled in shares of Zoetis common stock.