Zebra Technologies Proxy Filing: Annual Meeting Details

TL;DR

Zebra Proxy filed - shareholders vote on directors & company stuff at annual meeting.

AI Summary

Zebra Technologies Corporation filed a Definitive Additional Materials proxy statement on April 23, 2024, related to its annual meeting. The filing concerns the solicitation of proxies for the meeting, which will include the election of directors and other corporate matters. Specific details regarding the agenda items, proposals, and voting procedures are outlined within the full document.

Why It Matters

This filing provides shareholders with crucial information about the upcoming annual meeting, including proposals to be voted on and the election of directors, allowing them to exercise their voting rights.

Risk Assessment

Risk Level: low — This is a routine proxy filing for an annual meeting, not indicating any immediate financial distress or significant corporate change.

Key Players & Entities

• ZEBRA TECHNOLOGIES CORP (company) — Registrant
• 0000877212-24-000058.txt (document) — Filing document name
• 20240423 (date) — Filing date

FAQ

Key Financial Figures

• $519M — ce ~ 11% of FY23 Sales Invested in R&D ($519M) ~ 9,750 Employees in 55 Countries (FYE
• $4.58 Billion — Approximately 185 Countries (FYE 2023) $4.58 Billion FY23 Revenue Industry Leader with Portf
• $30 billion — ganic sales growth profile in a vibrant $30 billion served market, benefiting from secular
• $1,000,000 — ment, Mr. Burns' base salary was set at $1,000,000 with a target annual incentive bonus op
• $10,000,000 — s with a grant date fair value equal to $10,000,000 weighted 70% in performance-based award
• $3,000,000 — s with a grant date fair value equal to $3,000,000 granted March 1, 2023 Performance Share
• $4,500,000 — s with a grant date fair value equal to $4,500,000 granted on May 4, 2023 consistent with
• $2,500,000 — s with a grant date fair value equal to $2,500,000, granted on May 4, 2023 along with the
• $200,000 — Gustafsson's base salary was reduced to $200,000, he ceased participation in the 2023 Ze
• $9,000,000 — oyee Mr. Gustafsson received a one-time $9,000,000 equity award of time-vested RSUs which

Filing Documents

• zebradefa14a.htm (DEFA14A) — 38KB
• zbra-20240509xdef14a_a008.jpg (GRAPHIC) — 5KB
• zebraspringinvestordeckv001.jpg (GRAPHIC) — 40KB
• zebraspringinvestordeckv002.jpg (GRAPHIC) — 204KB
• zebraspringinvestordeckv003.jpg (GRAPHIC) — 171KB
• zebraspringinvestordeckv004.jpg (GRAPHIC) — 155KB
• zebraspringinvestordeckv005.jpg (GRAPHIC) — 216KB
• zebraspringinvestordeckv006.jpg (GRAPHIC) — 219KB
• zebraspringinvestordeckv007.jpg (GRAPHIC) — 160KB
• zebraspringinvestordeckv008.jpg (GRAPHIC) — 227KB
• zebraspringinvestordeckv009.jpg (GRAPHIC) — 261KB
• zebraspringinvestordeckv010.jpg (GRAPHIC) — 63KB
• 0000877212-24-000058.txt ( ) — 2410KB

From the Filing

ZEBRA DEFA14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14A-6(E)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a-12 ZEBRA TECHNOLOGIES CORPORATION (Exact Name of Registrant as Specified in Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply) No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. Presenter Name Date Click to enter Presentation Title Subhead Copy here Zebra Technologies Stockholder Engagement Spring 2024 ZEBRA TECHNOLOGIES We Request Your Support at Zebra's 2024 Annual Meeting We value our stockholders' continued support and contributions to Zebra's success. We encourage you to vote in support of management at our Annual Meeting on May 9 2 Election Of Directors – FOR ALL Our Board recommends FOR our Class I directors, who possess the skills, experience and qualifications necessary to effectively provide oversight and support management's execution of our long-term strategic goals Experienced and highly-qualified Board with a balance of diversity and backgrounds and a commitment to ongoing refreshment as evidenced by the addition of four new directors and a director nominee in the past four years, three of whom are considered gender or racially diverse Advisory Vote On Executive Compensation – FOR Our Board recommends FOR the advisory vote on named executive officer compensation and believes our compensation structure is aligned with our stockholders' interests and current market practices, and that it reflects our commitment to pay for performance Rigorous and performance-based executive compensation program which aligns pay outcomes with performance and incentivizes long-term stockholder value creation; annual cash incentive and long-term equity awards both paid out at significantly below target this year Executive compensation decisions around leadership transition effectively retain and incentivize our executives in their new roles. Mr. Gustafsson's one-time equity award recognizes his pivotal role in an effective leadership transition and leadership as Executive Chair. As of the Annual Meeting, Mr. Gustafsson will remain a non-executive board member and cease to be an employee Ratification Of Auditors – FOR Our Board recommends FOR the ratification of Ernst & Young LLP and believes their appointment is in the best interest of the Company and our stockholders ZEBRA TECHNOLOGIES Strategy & Performance ~ 11% of FY23 Sales Invested in R&D ($519M) ~ 9,750 Employees in 55 Countries (FYE 2023) ~ 6,800 US & International Patents Issued and Pending (FYE 2023) 10,000+ Channel Partners in Approximately 185 Countries (FYE 2023) $4.58 Billion FY23 Revenue Industry Leader with Portfolio of Solutions that Digitize & Automate Operations Zebra's products, software, services, analytics and solutions are used to intelligently connect people, assets and data to help our customers make business-critical decisions Zebra Technologies has a 50+ year track record of innovation with #1 market share in enterprise mobile computing, barcode printing, and data capture solutions, and a strong record of long-term value creation We have a 5-7% (annualized) organic sales growth profile in a vibrant $30 billion served market, benefiting from secular trends to digitize & automate operations across the supply chain to facilitate the increasingly on-demand economy We have been enhancing Zebra's profitable growth profile through complementary areas (e.g., RFID, Machine Vision, Software) that elevate us as an end-to-end solutions provider Our industry has been experiencing sales declines due to many customers navigating a challenging environment and absorbing capacity they built out during the pandemic to address the spike in e-commerce activity End market demand trends have stabilized and we have been driving cost and go-to-market actions that position us to return to growth in 2024 We are building on our market leading position in our core, while capitalizing on compelling opportunities that advance our vision in complementary areas 3 ZEBRA TECHNOLOGIES William J. Burns Chief Executive Officer Zebra Technologies Janice M. Roberts Partner/Advisory Partner, Benhamou Global Ventures Satish Dhanasekaran President and CEO, Keysight Technologies Michael A. Smith Lead Independent Director Chair and CEO, FireVision Frank B. Modruson Former CIO, Accenture Ross W. Manire Former President and CEO, ExteNet Systems Anders Gustafsson Executiv

View Full Filing

View this DEFA14A filing on SEC EDGAR