FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: December 31, 2014
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
Heel Joachim

(Last) (First) (Middle)
300 CORPORATE WOODS PARKWAY

(Street)
VERNON HILLS IL 60061

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ZEBRA TECHNOLOGIES CORP [ ZBRA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, Global Sales
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2014
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 09/15/2014   A   5,987 (1) A $ 73.5 5,987 D  
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Appreciation Right $ 73.5 09/15/2014   A   8,572     (2) 09/15/2018 Class A Common Stock 8,572 $ 0 8,572 D  
Explanation of Responses:
1. Restricted shares that vest on September 15, 2017
2. Of the stock appreciate right shares subject to this SAR, 2,143 shares will vest on September 15, 2015, 2,143 shares will vest on September 15, 2016, 2,143 shares will vest on September 15, 2017, and 2,143 will vest on September 15, 2018.
Jim L. Kaput, attorney-in-fact 09/17/2014
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

rrd375001_424760.html
POWER OF ATTORNEY

	Know all by these presents, that the undersigned hereby constitutes and appoints each of 
Jim Kaput, Marsha Katsafouros and Douglas A. Fox, signing singly, the undersigned's true and 
lawful attorney-in-fact to:

(1) prepare, execute for and on behalf of the undersigned, and submit to the U.S. Securities and 
Exchange Commission (the "SEC") a Form ID, including amendments thereto, and any other documents 
necessary or appropriate to obtain codes and passwords enabling the undersigned to make electronic 
filings with the SEC of reports required by Section 16(b) of the Securities Exchange Act of 1934 
or any rule or regulation of the SEC;

(2) execute for an on behalf of the undersigned, in the undersigned's capacity as an officer 
and/or director of Zebra Technologies Corporation (the "Company"), Forms 3, 4 and 5 in accordance 
with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder, and any other 
forms or reports the undersigned may be required to file in connection with the undersigned's 
ownership acquisition, or disposition of securities of the Company;  

(3) do and perform any and all acts for and on behalf of the undersigned which may be necessary 
or desirable to complete and execute any such Form 3, 4 or 5 or other form or report, and timely
 file such form or report with the SEC, NASDAQ or similar authority; and

(3)	take any other action of any type whatsoever in connection with the foregoing which, 
in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or 
legally required by, the undersigned, it being understood that the documents executed by 
such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall 
be in such form and shall contain such terms and conditions as such attorney-in-fact may 
approve in such attorney-in-fact's discretion.

       The undersigned hereby grants to each such attorney-in-fact full power and authority 
to do and perform any and every act and thing whatsoever requisite, necessary, or proper to 
be done in the exercise of any of the rights and powers herein granted, as fully to all 
intents and purposes as the undersigned might or could do if personally present, with full 
power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, 
or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by 
virtue of this power of attorney and the rights and powers herein granted.  The undersigned 
acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request 
of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's 
responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.
       
       This Power of Attorney shall remain in full force and effect until the undersigned is 
no longer required to file Forms 3, 4 and 5 with respect to the undersigned's holdings of and 
transactions in securities issued by the Company, unless earlier revoked by the undersigned in 
a signed writing delivered to the foregoing attorneys-in-fact.
       
       IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed 
as of this 15th day of September 2014.  



Joachim Heel
 







2
POA - Heel (09-15-2014).DOC



POA - Heel (09-15-2014).DOC