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If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
Represents the common stock equivalents held in the Zoetis Inc. Savings Plan, a 401(k) plan. |
(2) |
Represents 3,995.4950 phantom stock units. These phantom stock units, which were acquired pursuant to the Zoetis Supplemental Savings Plan, are settled in cash following the reporting person's separation from service and may be transferred by the reporting person into an alternative investment fund at any time, provided Zoetis may limit the timing, frequency and permissibility of transfers from one investment fund to another at any time. |
(3) |
Each phantom stock unit represents a fraction of a phantom share of Zoetis common stock, plus a small amount of cash-equivalent investments (the cash-equivalent investments typically represent around 5% of the total value of the phantom stock unit). Accordingly, the value of each phantom stock unit is determined by reference to the market value of Zoetis common stock and the value of the cash-equivalent investments. |
(4) |
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. |
(5) |
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. |
(6) |
Not applicable. |
(7) |
The RSUs vest as follows: 6,182.5931 RSUs will vest on September 30, 2017; 3,291.8316 RSUs will vest on February 27, 2018; and 3,800.2113 RSUs will vest on February 19, 2019. |
(8) |
Each RSU represents a contingent right to receive one share of Zoetis Inc. common stock. |
(9) |
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. |
(10) |
Each option vests on the third anniversary of the date of grant. |
(11) |
Each option expires on the tenth anniversary of the date of grant. |
(12) |
12,853 options granted February 27, 2015 at an exercise price of $46.09 per option; and 14,149 options granted February 19, 2016 at an exercise price of $41.83 per option. |