Bernal Alejandro 4
4 · Zoetis Inc. · Filed Feb 15, 2018
Insider Transaction Report
Form 4
Zoetis Inc.ZTS
Bernal Alejandro
Executive Vice President
Transactions
- Award
Performance Award Unit
2018-02-13+5,936.761→ 5,936.761 total→ Common Stock (5,936.761 underlying)
Footnotes (4)
- [F1]Represents performance award units with a three-year performance period covering 2015-2017 that were 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) will vest and be settled in shares of Zoetis common stock on February 27, 2018, subject to the reporting person's continued service through such vesting date and subject to earlier vesting and settlement upon certain specific events.
- [F2]Each performance award unit represents a contingent right to receive one share of Zoetis Inc. common stock.
- [F3]Each performance award unit will vest and be settled in shares of Zoetis Inc. common stock on February 27, 2018, subject to the reporting person's continued service through such vesting date and subject to earlier vesting and settlement upon certain specific events.
- [F4]Not applicable.