Bettington Timothy J 4
4 · Zoetis Inc. · Filed Feb 12, 2021
Insider Transaction Report
Form 4
Zoetis Inc.ZTS
Bettington Timothy J
Executive Vice President
Transactions
- Award
Restricted Stock Unit
2021-02-10+1,556→ 3,126.897 total→ Common Stock (1,556 underlying) - Award
Stock Option
2021-02-10+6,610→ 13,243 total→ Common Stock (6,610 underlying)
Footnotes (9)
- [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: 1,570.8970 RSUs will vest on February 11, 2023; and 1,556 RSUs will vest on February 10, 2024.
- [F6]Stock options (right to buy Zoetis Inc. common stock) granted pursuant to the Zoetis Inc. 2013 Equity and Incentive Plan. The options vest on the third anniversary of the date of grant.
- [F7]6,633 options granted February 11, 2020 at an exercise price of $144.03 per option; and 6,610 options granted February 10, 2021 at an exercise price of $160.62 per option.
- [F8]Each option vests on the third anniversary of the date of grant.
- [F9]Each option expires on the tenth anniversary of the date of grant.