SEC Form 4 · accession 0001555280-19-000098
Zoetis Inc. · ZTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Juan Ramon Alaix
Officer — Chief Executive Officer · Director
Period of report
Feb 19, 2019
Accepted (ET)
Feb 21, 2019 · 5:02 pm 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 UnitF3,F1,F2 | — | Feb 19, 2019 | M | 51,270 | D | — | — | Common Stock | 51,270 | 109,334 | D |
| Deferred Stock UnitF4,F2,F5 | — | Feb 19, 2019 | A | 51,270 | A | — | — | Common Stock | 51,270 | 153,785 | D |
| Performance Award UnitF6,F7 | — | Feb 19, 2019 | M | 85,442 | D | — | — | Common Stock | 85,442 | 0 | D |
| Deferred Stock UnitF4,F7,F5 | — | Feb 19, 2019 | A | 85,442 | A | — | — | Common Stock | 85,442 | 239,227 | D |
Explanation of responses
- F1Vesting of restricted stock units ("RSUs") granted pursuant to the Zoetis Inc. 2013 Equity and Incentive Plan, and dividend equivalent units automatically issued thereon. Each RSU represents a right to receive one share of Zoetis Inc. common stock upon vesting of the RSU.
- F2Upon the vesting of the reporting person's restricted stock units on 2/19/2019, the reporting person received 51,270.1685 deferred stock units ("DSUs") pursuant to a voluntary deferral under the Zoetis Equity Deferral Plan. The DSUs are fully vested and will be settled in shares of Zoetis common stock in the January following the reporting person's termination of employment from Zoetis.
- F3The RSUs vest as follows: 44,811.0081 RSUs will vest on February 14, 2020; 37,098.3808 RSUs will vest on February 13, 2021; and 27,425.0000 RSUs will vest on February 12, 2022.
- F4Represents DSUs received pursuant to the Zoetis Equity Deferral Plan. DSUs are fully vested and are settled, together with dividend equivalent units automatically issued thereon, in shares of Zoetis common stock in the January following the reporting person's termination of employment from Zoetis.
- F5Each DSU represents the right to receive one share of Zoetis Inc. common stock in accordance with the terms of the Zoetis Equity Deferral Plan.
- F6Vesting of performance award units granted pursuant to the Zoetis Inc. 2013 Equity and Incentive Plan, and dividend equivalent units automatically issued thereon. Each performance award unit represents a contingent right to receive one share of Zoetis Inc. common stock.
- F7Upon the vesting of the reporting person's performance award units on 2/19/2019, the reporting person received 85,442.4512 DSUs pursuant to a voluntary deferral under the Zoetis Equity Deferral Plan. The DSUs are fully vested and will be settled in shares of Zoetis common stock in the January following the reporting person's termination of employment from Zoetis.