McFarland James Michael 4
4 · Zoetis Inc. · Filed Feb 11, 2021
Insider Transaction Report
Form 4
Zoetis Inc.ZTS
McFarland James Michael
Executive Vice President
Transactions
- Award
Performance Award Unit
2021-02-09+539.541→ 539.541 total→ Common Stock (539.541 underlying)
Footnotes (4)
- [F1]Represents performance award units with a three-year performance period covering 2018-2020 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 9, 2021, which is the date the Zoetis Human Resources 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 13, 2021, 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 13, 2021, 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.