STEERE WILLIAM C JR 4
4 · Zoetis Inc. · Filed Feb 12, 2021
Insider Transaction Report
Form 4
Zoetis Inc.ZTS
STEERE WILLIAM C JR
Director
Transactions
- Award
Restricted Stock Unit
2021-02-10+1,431→ 8,473.716 total→ Common Stock (1,431 underlying)
Footnotes (5)
- [F1]Represents restricted stock units granted pursuant to the Zoetis Inc. 2013 Equity and Incentive Plan, and dividend equivalent units automatically issued thereon (each an "RSU" and collectively, "RSUs"). Restricted stock units vest and are settled in shares of Zoetis common stock on the third anniversary of the date of grant, subject to the reporting person's continued service through such vesting date and subject to earlier vesting and settlement upon certain specific events. Dividend equivalent units vest and are settled in shares of Zoetis common stock on the third anniversary of the date of grant of the underlying restricted stock units, 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 restricted stock unit represents a contingent right to receive one share of Zoetis Inc. common stock.
- [F3]Each RSU will vest and be settled in shares of Zoetis Inc. common stock on the third anniversary of the date of grant, 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.
- [F5]The RSUs vest as follows: 2,779.1458 RSUs will vest on February 13, 2021; 2,658.4794 RSUs will vest on February 12, 2022; 1,605.0906 RSUs will vest on February 11, 2023; and 1,431 RSUs will vest on February 10, 2024.